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Six-Sigma Forecasting

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Viewing 4 posts - 1 through 4 (of 4 total)
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  • #36586

    Harsh Pithia
    Participant

    Hi,
    Has any one used Six-Sigma for improving Forecasting from a distribution point of view.
    rgds,

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    #105919

    Charmed SIX
    Participant

    SS is based on actual data.

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    #105921

    Harsh Pithia
    Participant

    But is there any reference material to check for Forecasting techniques based on SS
     
     

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    #105923

    Charmed SIX
    Participant

    Please go for the EWMA chart to consider the forecasting.When  a forecast falls too distant from a certain target,an operator  can then change some influential external factor  x ,to force the forecast to equal target.This differ from the Shewart model in that the statistical approach is now  not hypothesis testing but instead estimation.Hope that helps,regards

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Viewing 4 posts - 1 through 4 (of 4 total)

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