Standard work – also often referred to as standardized work – is a Lean methodology concept. It involves finding the best current method of completing a process, and making that method the standard. An important point to keep in mind is that standard work is not static. You won’t develop standard work processes and then (more…)
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.
The one and two sample proportion hypothesis tests involving one factor with one and two samples, these tests may assumes a Binomial Distribution.
1 sample Wilcoxon Non Parametric Hypothesis Test is a rank based test and it compares the standard value (theoretical value) with hypothesized median