The Central Limit Theorem (CLT) is a statistical theory that states that given a sufficiently large sample size from a
A cause-and-effect diagram is a graphical tool used to identify, organize, and communicate the potential causes of a specific problem
Capability analysis is a statistical methodology used to determine process capability. It involves collecting data on process characteristics and calculating
An Introduction to the Box Plot In this post, we provide a comprehensive overview of the box plot. The
The Box Cox Transformation is a popular method of transforming non-normal dependent variables into a normal shape. This technique helps
In the business world, data comes in all types of shapes, sizes, and forms. However, it can generally be classified
There are a lot of assumptions in life. We make assumptions based on our past experiences, the opinions of others,
The Assessment Criteria for Solutions As a professional, knowing the assessment criteria for solutions is crucial. This way, you can
The Anderson-Darling test is a statistical method used to evaluate whether a given sample of data follows a specific distribution.
The Two Proportion Z Test is a statistical method used to determine if there is a significant difference between the
“Culture is simply a shared way of doing something with a passion.” – Brian Chesky, Co-Founder, CEO, Airbnb As a
The Lean supply chain relies on value creation – not just price reduction. All too often, we identify the partners
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The 8 wastes of Lean TIMWOODS are a powerful set of tools that can help organisations
Kaizen, the Japanese concept of continuous improvement, is a philosophy that encourages ongoing, incremental changes that cumulatively lead to significant
What is Lean Management? In 1990, James Womack and Daniel Jones wrote their book “The Machine That Changed the
Failure Mode and Effects Analysis (FMEA) is a systematic approach used to identify potential failures in a process, product, or
The Value of Lean Six Sigma Training Did you know that Lean Six Sigma training is recommended 98% of the
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