Tag Archives: Statistics

Beware the Moving Average

Authored by: Mikel J. Harry, Ph.D. Introduction and Overview Making data-centric decisions using a simple Time Series Chart can sometimes be a little tricky.  This is especially true when a large amount of data are involved.  Given this situation, its … Continue reading

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The Food Chain of Improvement

We are in business to make money We make money by satisfying needs We are able to satisfy needs by doing Every need/do pair is an interaction The aim of customer focus is on improving need/do interactions Repetition of the … Continue reading

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The Shifty Business of Process Shifts: Part 2

The Historical Context Many have often said that the projection of history can forecast the future.  Well, this may be true in some areas of life, but certainly not by considering today’s common notion of the 1.5 sigma shift factor … Continue reading

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