Beta Risk

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All decisions carry some risk of being wrong. The management of that risk will reduce your downsides. Beta risk is one of the risks associated with hypothesis testing. Let’s learn a little more about it.

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Finding Your Competitive Advantage

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With any business, it is important to be able to separate yourself from the competition to gain an advantage. This can be anything from running your operations with greater efficiency to being able to differentiate the attributes of your product from those of your rivals. Having a competitive advantage and being able to maintain it […]

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How to Use Bar Charts Effectively

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Bar charts are one of the most common ways to display information in a visual format, so it’s a popular choice in all kinds of media. Most business presentations have at least one of them in the mix and they are scattered throughout most high school textbooks. That’s why the ability to comprehend and use […]

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The Path to Becoming a Certified Six Sigma Black Belt

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Similar to the way a Black Belt denotes a certain competency in martial arts, the Certified Six Sigma Black Belt indicates someone who has demonstrated competence in techniques and principles of Six Sigma.

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Circumstance Matters: Understanding the Importance of Context in Probability

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Probability is defined as how likely a particular event or outcome is. When there is an impactful workplace event, you will likely want to examine the probability of it occurring again, whether that event is positive or negative. In order to reasonably determine future probability, one must look at the circumstances surrounding the event. Almost […]

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What Every Manager Should Know About Back-Dating

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Back-dating is like starting at the center of a maze and working your way outwards instead of starting at the normal exterior point. This term describes a type of scheduling process entirely oriented around established dates for final deliverables. Back-dating may seem like doing things backwards, but it’s actually the logical and often necessary perspective […]

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Capacity

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Capacity refers to how much work a company can take on and how fast it can grow. To improve efficiency and reduce waste, learn how to pay attention to your maximum output and how to manipulate it.

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Best Practice

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When determining how to apply Six Sigma methodology to your business, you do not need to reinvent the wheel. A lot of research, testing, and work has already been put in to sort out some common best practices that are proven to work for most organizations. In any industry, there are others that have come […]

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How CAP Can Revolutionize Your Organization’s Change Management

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Do you feel that implementing change in your organization is going too slowly? So did Jack Welch of GE, which is why GE developed the Change Acceleration Process (CAP). Let’s explore how the concepts of CAP might help your organization.

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Average Outgoing Quality

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We have all heard the phrase “garbage in, garbage out.” AOQ is defined as the expected average quality level of an outgoing product for a given the value of incoming product quality. 

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What Every SS Practitioner Should Know About Business Requirements

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Every business is unique and has its own requirements for meeting its definition of success. Being able to list the requirements of your specific organization provides a clear picture of the needs for your company’s success and can aid in the planning stages of the projects required to meet goals. There are needs and then […]

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Business as Usual (BAU)

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There is only one way for businesses to stay relevant in today’s world, and that is to constantly seek for opportunities for change. This concept can get and keep you in that mindset.

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Discover the Power of the Capability Maturity Model in Software Development

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The capability maturity model (CMM) was conceived during the 1980s as a way to improve the way US government departments interfaced with technical contractors. The rapid onset and development of computer technology forced many agencies, including the Department of Defense, to develop a new model to adapt to the more demanding and fast-paced nature of […]

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Assignable Cause

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Is assignable cause a bad thing? No, it’s a signal something happened in your process that you didn’t expect. It could be good or bad, but you should find out what happened.

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Advanced Product Quality Planning (APQP)

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The design and manufacture of highly complex products and systems requires close co-operation between multiple suppliers and customers. Without well-defined quality plans and methodologies, products will neither get to market on time, or on budget, nor be defect free. 

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B10 Life

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As competitive and market pressures increase, having a clear understanding of product reliability, service life, and expected failure rate is crucial. We explore how by utilising B10 life, we can optimise our product development and satisfy our customer requirements.

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How 5S Can Improve Workplace Safety, Quality, and Processes

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5S is often thought of as the foundation for continuous improvement. While traditionally considered only applicable to a manufacturing environment, it’s highly relevant for non-manufacturing operations as well. In this article, we will define 5S, discuss its benefits, and consider its importance to an organization. Overview: What is 5S?  There is some debate as to […]

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Average Incoming Quality

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Average incoming quality is a simple, effective and accessible metric that indicates input quality within a process. Accurate assessment of average quality depends on several other factors, including an established framework for evaluation and consistent screening techniques. Overview: What is average incoming quality? In the context of lean manufacturing and business management practices, average incoming […]

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The Benefits and Drawbacks of Box-Cox Transformation: What You Need to Know

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In many industries, it is possible to find distributed data that does not follow the typical bell-shaped curve. In some instances, you will find that there is a much longer tail on the right side. This type of distribution follows the 80/20 rule, which states that roughly 80& of consequences come from 20% of causes. […]

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7 Common Sources of Waste in Your Organization and How to Eliminate Them

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Waste is all around your organization. Using the acronym TIMWOOD, you will learn how to identify the 7 wastes of lean and eliminate them to improve your organization.

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Acceptance Number

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In random sampling, this number is the fine line that separates an accepted lot and a rejected one.

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Understanding Alias: A Key Concept in Design of Experiments

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When talking about an alias, alias structure or aliasing, you are talking about Design of Experiments (DOE). More specifically, you are referring to the confounding of effects in a fractional factorial experiment. Aliasing occurs when the estimate of a factor effect  is difficult to distinguish because of the impact of other factors in your experiment. […]

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Attribute Data

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You will often see attribute data and discrete data being used interchangeably. At some level, they are similar. But, if we dive a little deeper, you’ll see that there’s a bit more distinction than meets the eye.

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A Comprehensive Guide to Business Process Management Systems

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While you may be familiar with Lean Six Sigma as a methodology for improving your processes, have you heard of the Business Process Management System (BPMS)? If not, this article will provide lots of information on what it is and how to use it. Business Process Management System (BPMS) Business Process Management System (BPMS) is […]

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