A control chart plots measured values along with upper and lower quality control limits. Values appearing outside these limits are unacceptable and could indicate a manufacturing problem. Although ...

Successfully managing an engineering control systems company requires an organized accounting system. The various types of accounts that are in an accounting system can seem overwhelming at first, but ...

Fuzzy control charts represent a significant evolution in Statistical Process Control (SPC) by addressing intrinsic uncertainties in measurement and human evaluation that classical approaches often ...

Control charts have two general uses in an improvement project. Undeniably, the most common application is as a tool to ...

Control charts have been widely used for monitoring production processes and identifying assignable causes of variability. Many papers investigate the application of control charts in different ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...