Table of contentsWhat Is Multiple Linear Regression (MLR)?What Are The Applications?When to Use the Multiple Regression Line Model?The Multiple Linear Regression EquationWhat is the Adjusted R Squared Ratio?What is the Predicted R-squared?Multiple Linear Regression on...
Table of contentsWhat are the 8 Wastes of LEAN Manufacturing?The 8 Wastes of LEANHow to Identify The 8 WastesRelated Articles What are the 8 Wastes of LEAN Manufacturing? LEAN thinking is a way to eliminate waste from work processes. It is important to first...
What Is Standard Work?What Is Standardization?The 3 Elements of Standard WorkElement 1.- Work SequenceElement 2.- Standard Inventory or In-Process StockElement 3.- TAKT or PITCH TimeBenefits of Standard WorkHelp Your PeopleImproves Continuous ImprovementVariability is...
Table of contentsWhat Is 5 Why Problem-Solving?Why the “5 Whys”?What are the Benefits of the 5 Whys?When to Use This Method?What Is The Origin of 5 Whys Diagram?How to Use the 5 Whys Diagram?Important Things to RememberThe 5 Whys and the Fishbone...
Operational Excellence (OpEx) is a business philosophy and methodology that aims to improve processes, reduce costs, and enhance customer satisfaction. Its origins lie in the success of the Toyota Production System (TPS), which revolutionized manufacturing in Japan...