BeenThereDoneThat
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BeenThereDoneThat replied to the topic Loan Processing Cycle Time (Mortgage) in the forum Finance 17 years, 5 months ago
BB Banking:
Would appreciate a copy of the project.Missing DOB, bad date formats, signature variation, mailing address information resulting in rework and long cycle time[email protected] -
BeenThereDoneThat replied to the topic Wave Continuity: Green Belt Black Belt Training in the forum General 17 years, 5 months ago
Change (is good) agent:
Oh my gosh! Where to start?No cost benefit from any projects? How were they selected as good projects to begin with?Fire your Six Sigma implementation consultants, and tag the money as a financial benefit!If you don’t have a seasoned MBB to guide the BBs and GBs, then get one. Failing that, this mentoring function should…[Read more] -
BeenThereDoneThat replied to the topic DOE: Reducing the Model in the forum General 17 years, 5 months ago
I am disinclined to acquiesce to your requestMathematics is not democratic. It means no.P.S. Tea will be served where half the cups have milk first and the other half have tea first.
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BeenThereDoneThat replied to the topic Attention DOE Experts!!!! in the forum General 17 years, 5 months ago
Figured it out for myself. There is no direct relationship between the references. They both come from a third, common source.Lurking variables!
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BeenThereDoneThat replied to the topic DOE: Reducing the Model in the forum General 17 years, 5 months ago
Nonsense? I’m not sure what you mean.I agree about the difference between analysis and modeling. I see analysis as the part from the mathematicians talking about tasting tea. The modeling part is more the practical side – what makes sense in the light of the experimental setup and the real situation.MINITAB is great software and defaults are well…[Read more]
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BeenThereDoneThat replied to the topic Attention DOE Experts!!!! in the forum General 17 years, 5 months ago
Mark:
This looks like the references from page 2.16 of ARD-version 3.Is that so?;) -
BeenThereDoneThat replied to the topic DOE: Reducing the Model in the forum General 17 years, 5 months ago
Include the main effects – don’t be a cowboy statistician.This debate, loosely called ‘school of thought’ is the battle of the statisticians vs. the cowboys. Six Sigma is about removing the ‘seat of the pants’ philosophy and replacing it with solid, data based methodology.’A lady declares that by tasting a cup of tea made with milk she can…[Read more]
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BeenThereDoneThat replied to the topic Attention DOE Experts!!!! in the forum General 17 years, 5 months ago
Darth:
I will send you a simple example you can run in Minitab where the 2-way interaction is significant while the individual factors are not.The numbers are simple enough that a hand calculation shows the effect on mean-error and degrees of freedom.Interested?Post a temporary email address – the forum is regularly ‘spidered’ by spammers for addresses. -
BeenThereDoneThat replied to the topic Attention DOE Experts!!!! in the forum General 17 years, 5 months ago
Statistical tests are all about calculating a signal/noise ratio. This test statistic is compared against a theoretical value based on the distribution of the sampling error. The test statistic could be an F value, a T value or otherwise. This methodology requires an accurate estimate of the pure, random error (noise).In a DOE, You must include…[Read more]
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BeenThereDoneThat replied to the topic transactional lean six sigma in the forum General 17 years, 5 months ago
Mike:
Yes, you were at the back of the room with John. It was fun to see George react to the questions.As for the rest of everyone, a patent is granded to an invention, method, or apparatus. The ‘formulae’ is part of a method, hence an algorithm can be patented. This patent applies to software.My point in the post was that the elusive derivations…[Read more] -
BeenThereDoneThat replied to the topic transactional lean six sigma in the forum General 17 years, 6 months ago
Mike:
I did raise my hand and ask once. We were at a conference in Toronto. You were at the back of the room while he was pitching his ‘Lean Six Sigma for Service’ book.The reply went through four stages
– the handwaving was quite amusing during the talk
– the discussion afterwards was evasive
– his http://www.profisight.com site does not…[Read more] -
BeenThereDoneThat replied to the topic Regression Analysis – Standardized Residuals in the forum General 17 years, 6 months ago
If you have a long section of tubing (say 100 ft) and THEN cut it into 100 1 foot sections, the distribution of lengths will be non-normal. The lengths are not independent: for every section that is a bit too long, you have generated one that is a bit too small. These distributions will be skewed, but still does not explain the non-normal…[Read more]
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BeenThereDoneThat replied to the topic What Has Happened??? in the forum General 17 years, 11 months ago
Forum:
I am an active member of a quantitative finance forum.http://www.wilmott.com/They ask members to post to one of a few different categories such as – software- technical- jobs- student- books- off topic- brainteasers- careers
It helps focus the discussion and target the audience
The forum is easy to navigate and search
IMHO
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BeenThereDoneThat replied to the topic Six Sigma at Toyota in the forum General 18 years ago
Gerry:
Nice to hear from you,
Alastair -
BeenThereDoneThat replied to the topic 360 feedback in the forum General 18 years, 2 months ago
I was training some MBBs at GE with the HR MBBs and Quality Leader for HR in the room. When we were talking about Gage R&R, I gave an example of doing a Gage R&R for the annual HR performance review session so famous at GE. During the training of HR people, they are given a number of portfolios of candidates and asked to assess the placement of…[Read more]