Control charts have two general uses in an improvement project. Undeniably, the most common application is as a tool to ...
As the volume and variety of available data continue to proliferate, organizations increasingly turn to analytics in order to enhance business decision-making and ultimately, performance. However, the ...
Control charts for monitoring the process mean μ and process standard deviation σ are often based on samples of n > 1 observations, but in many applications individual observations are used (n = 1).
This article is focused on introducing a control chart technique using relative standard deviation (RSD) statistics (i.e., RSD chart); in other words, a coefficient of variation chart for continued ...