Pareto analysis states that 80% of a project’s results are due to 20% of the inputs, and 80% of problems can be traced to 20% of the causes.

It has been associated with the business decision-making process at least since the 1960s, when H. Igor Ansoff, a mathematician and business strategist, used the term "paralysis by analysis" in ...

Fuzzy Process Capability Analysis represents an advanced statistical framework that extends traditional process capability indices (PCIs) by incorporating fuzzy set theory. This approach allows ...

Key Points Cpk is a means of calculating your process’s capability. It can be used to compare the performance of departments in your organization. You can also utilize the calculation to ...

Key Points Visual controls are a means of signaling and controlling potential issues in your production. Displays are similar in concept but aren’t indicators of process status. Visual controls can be ...

Journal of the Royal Statistical Society. Series D (The Statistician), Vol. 45, No. 4 (1996), pp. 487-502 (16 pages) Process capability analysis is designed to estimate the proportion of parts that do ...