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  2. Statistical process control - Wikipedia

    en.wikipedia.org/wiki/Statistical_process_control

    Statistical process control ( SPC) or statistical quality control ( SQC) is the application of statistical methods to monitor and control the quality of a production process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste scrap. SPC can be applied to any process where ...

  3. Henry Gantt - Wikipedia

    en.wikipedia.org/wiki/Henry_Gantt

    Scientific management. Henry Laurence Gantt ( / ɡænt /; May 20, 1861 – November 23, 1919) was an American mechanical engineer and management consultant who is best known for his work in the development of scientific management. He created the Gantt chart in the 1910s. Gantt charts were employed on major infrastructure projects including the ...

  4. 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.

  5. Benefits of physical activity - Wikipedia

    en.wikipedia.org/wiki/Benefits_of_physical_activity

    Benefits include improved thinking or cognition for children ages 6-13, short-term reduction of anxiety for adults, and enhanced functional capacity in older adults. [ 8] Regular physical activity can keep thinking, learning, and judgment skills sharp with age. It can also reduce the risk of depression and anxiety and improve sleep.

  6. Technical analysis - Wikipedia

    en.wikipedia.org/wiki/Technical_analysis

    t. e. In finance, technical analysis is an analysis methodology for analysing and forecasting the direction of prices through the study of past market data, primarily price and volume. [ 1] As a type of active management, it stands in contradiction to much of modern portfolio theory.

  7. p-chart - Wikipedia

    en.wikipedia.org/wiki/P-chart

    The binomial distribution is the basis for the p-chart and requires the following assumptions: [2]: 267 The probability of nonconformity p is the same for each unit; Each unit is independent of its predecessors or successors; The inspection procedure is the same for each sample and is carried out consistently from sample to sample

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