The acronym for the Lean Six Sigma cycle.
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DMAIC
The number of DPMO in a Six Sigma process.
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3.4
Value Added
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A concept in Lean that identifies the value added by a step in an
operational process. Value added is defined from the customer's point-of-
view. As long as the customer receives value from a process step, it is
considered "Value-Added."
Taguchi Loss Function
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A chart that expresses the increasing costs, certainly in brand image, to an
organization as process results fall farther and farther away from the
process mean.
The type of process control chart that displays process variation when the sample
size is less than twelve and the data are continuous.
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R-Chart
The statistical terms that define the quality expected by customers and included on a
process control chart.
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Give this one a try later!
DMAIC
The number of DPMO in a Six Sigma process.
Give this one a try later!
3.4
Value Added
, Give this one a try later!
A concept in Lean that identifies the value added by a step in an
operational process. Value added is defined from the customer's point-of-
view. As long as the customer receives value from a process step, it is
considered "Value-Added."
Taguchi Loss Function
Give this one a try later!
A chart that expresses the increasing costs, certainly in brand image, to an
organization as process results fall farther and farther away from the
process mean.
The type of process control chart that displays process variation when the sample
size is less than twelve and the data are continuous.
Give this one a try later!
R-Chart
The statistical terms that define the quality expected by customers and included on a
process control chart.
Give this one a try later!