One of the biggest challenges Six Sigma students encounter is Hypothesis Testing. There are so many types!
SWOT Analysis
Learn how to use a SWOT analysis in Six Sigma to improve your strategic planning. Includes step by step instructions and worked examples.
Standard Work
By definition, takt time is an element of standard work. Cost, value, and inventory are all byproducts of work. What is Standard Work Standard work: A precise description of each work activity, specifying cycle time, takt time, the work sequence of specific tasks and the minimum inventory of parts on hand needed to conduct the (more…)
Gap Analysis
Gap Analysis in assessment tool used to compare an organization’s current performance to desired or potential performance.
One and Two Sample T tests are used to resolve hypothesis tests around comparing process means. The underlying chart makes use of the T distribution.