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Swot Analysis

What is SWOT Analysis? SWOT analysis (strengths and weaknesses, opportunities and threats) is a framework that can be used to assess a company’s competitive position and to plan for the future. A SWOT analysis has a lot of benefits because it examples and...

Checksheet

The checksheet in Six Sigma was created to be extremely simple. There are two reasons for this. It was designed to be used as a data recorder, which is very simple. The check sheet was intended to be used on the shop floor by people. They would be unlikely to be able...

Cost of Poor Quality

Cost of Poor Quality (COPQ) in Six Sigma is the cost of providing low-quality products and services to customers. It is also the financial loss incurred by the company for performing wrong things. This includes scrap, rework, and repair as well as warranty failure....

Affinity Diagram

Affinity diagrams in Lean Six Sigma are an analytical tool that organizes many ideas into subgroups with similar themes or relationships. Jiro Kawakita is believed to have developed the method. It is also known as the KJ method. This list is organized using common...

Common Cause Variation

In Lean Six Sigma, a control chart can display two types of variation, specific cause variation (points outside of the limits or a nonrandom pattern) and common cause variation. When the control charts for a process measure show a random pattern or variation, it is...