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Business Value Added

Business Value Added BVA (business value added) is any part of a business process that is necessary to keep it in business but does not directly contribute to the product or services or are directly valued by customers. These steps might appear as non-value...

Blocking in Statistics

Blocking is a powerful technique in statistics. It helps researchers control variability in experimental data. They use it to improve the accuracy and precision of their results. Blocking involves grouping experimental units. These units share similar characteristics....

Audit

Understanding audit in Six Sigma represents a critical component of successful quality management systems and continuous improvement initiatives. Organizations worldwide rely on systematic auditing processes to verify Six Sigma implementation effectiveness and ensure...

Analysis of Variance (ANOVA)

An analysis tool in statistics called Analysis of Variance (ANOVA), splits the observed aggregate variability within a data set into two parts: systematic and random factors. While the statistical effects of the systematic factors are statistically significant,...

Appraisal Cost in Manufacturing

In manufacturing, appraisal costs represent the crucial investments a company makes to ensure its products meet strict quality standards before reaching customers. These costs cover activities like inspection, testing, and quality control efforts aimed at detecting...
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