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What Is An I-MR-R/S (Between/Within) Chart?
Use an I-MR-R/S chart to monitor the mean of your process. Use this to find the variation between and within subgroups when each subgroup is a different part or batch: i. I chart: The I chart monitors...

Lean Six Sigma Black Belt
Lean Six Sigma Black Belt is a professional who is well versed in the Lean Six Sigma Methodology, who leads improvement projects. A Lean Six Sigma Black Belt possesses a thorough understanding of all aspects...
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Understanding Monte Carlo Simulation With An Example
What Is Monte Carlo Simulation? The Monte Carlo method uses repeated random sampling to generate simulated data to use with a mathematical model. This model often comes from a statistical analysis, such...

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Automation is almost everywhere, and head more in the IT sphere. Of course it started from there and soon spread to other industries. It wasn’t a question when they are introduced in software industry,...

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