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  2. Six Sigma - Wikipedia

    en.wikipedia.org/wiki/Six_Sigma

    Six Sigma (6σ) is a set of techniques and tools for process improvement.It was introduced by American engineer Bill Smith while working at Motorola in 1986. [1] [2]Six Sigma strategies seek to improve manufacturing quality by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes.

  3. File:SIX SIGMA - SIGNIFICANCE AND IMPORTANCE.pdf - Wikipedia

    en.wikipedia.org/wiki/File:SIX_SIGMA...

    English: Six sigma accuracy stems from a mathematical concept in probability theory. Six sigma accuracy in quality assurance in products and service can be achieved with dedication and commitment in work. The network of Dubbawalas is a shining example of realization of this accuracy.

  4. Statistical process control - Wikipedia

    en.wikipedia.org/wiki/Statistical_process_control

    Control charts attempt to differentiate "assignable" ("special") sources of variation from "common" sources. "Common" sources, because they are an expected part of the process, are of much less concern to the manufacturer than "assignable" sources. Using control charts is a continuous activity, ongoing over time.

  5. Quality management - Wikipedia

    en.wikipedia.org/wiki/Quality_management

    Six Sigma — 6σ, Six Sigma combines established methods such as statistical process control, design of experiments and failure mode and effects analysis (FMEA) in an overall framework. PDCA — plan, do, check, act cycle for quality control purposes. (Six Sigma's DMAIC method (define, measure, analyze, improve, control) may be viewed as a ...

  6. Control chart - Wikipedia

    en.wikipedia.org/wiki/Control_chart

    Control charts are graphical plots used in production control to determine whether quality and manufacturing processes are being controlled under stable conditions. (ISO 7870-1) [1] The hourly status is arranged on the graph, and the occurrence of abnormalities is judged based on the presence of data that differs from the conventional trend or deviates from the control limit line.

  7. Lean Six Sigma - Wikipedia

    en.wikipedia.org/wiki/Lean_Six_Sigma

    Lean Six Sigma is a synergized managerial concept of Lean and Six Sigma. [6] Lean traditionally focuses on eliminating the eight kinds of waste (" muda ") , and Six Sigma focuses on improving process output quality by identifying and removing the causes of defects (errors) and minimizing variability in (manufacturing and business) processes.

  8. A standoff between BlackRock and the FDIC is dragging into ...

    www.aol.com/finance/standoff-between-blackrock...

    The "passivity" agreement FDIC wants BlackRock to sign is designed to assure bank regulators that the giant money manager will remain a "passive" owner of an FDIC-supervised bank and won’t exert ...

  9. DMAIC - Wikipedia

    en.wikipedia.org/wiki/DMAIC

    A data collection plan is created and data are collected to establish the relative contribution of each root causes to the project metric (Y). This process is repeated until "valid" root causes can be identified. Within Six Sigma, often complex analysis tools are used. However, it is acceptable to use basic tools if these are appropriate.