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Cycle Time

Cycle time is a critical metric in manufacturing that measures the time taken to complete a task or a collection of tasks from start to finish. This concept is fundamental to assessing and improving process and equipment performance, much like cash flow is used to...

Critical to Quality Tree

Critical to Quality Tree Critical to Quality (CTQ), Trees can help to understand the quality of your customers’ eyes so you can deliver the products they want and need. Quality is essential, whether you are developing a new product, or service, or refining an...

BPM Business Process Management

BPM Business Process Management Business process management (BPM) refers to the art of designing, executing, and analyzing business processes. The event-driven process chain (EPC), or the Business Process Model and Notation can be used to visually represent the...

Box and Whiskers Plot

Box and Whiskers Plot A box and whiskers plot allow you to display a five-number summary in an image. The “box” is the main portion of the chart. It shows the interquartile range, which is the middle portion of data. The first quartile (the 25% mark), and...

Bivariate

Bivariate Statistics data are often classified according to the number of variables in a study. One variable might be “height”, while another variable might be “weight”. Depending on how many variables are being examined, the data...