Flashcards 2
Lean Inventory Levels
Maintaining neither too much or too little
Extra effort that is put into a product or service that adds little or no value
Over Processing
Producing more than is needed
Over Production
Five Steps associated with 5S
Sort, Set In Order, Shine, Standardise, Sustain
In 5S the concept of Sustain
Assures new methods and procedures will be followed in the future and become part of standard operating procedures
The statistics used in maintaining a process
Mean & variation (standard deviation)
Process Variation
The natural phenomenon where successive units generated by a process are not all the same, the way around a process mean. Dependant on the process, variation can be large or small.
Multi Vari Chart
A simple way to measure process variation and compare several processes at once. The range is depicted by a vertical line and mean by a short horizontal line placed on the vertical line.
Vertical lines in a multi-vari chart
Represent the range of the process output values from lowest to highest
X-Y Chart
For prioritising the influence of process outputs on process outcomes. Input and output variables are identified. The importance on the outputs is estimated and the extent of the relationship between inputs and outputs are also estimated.
A weighted impact is then calculated
Control Chart
A chart that monitors process output by displaying the means of a sample. Each sample is the same size and samples are taken periodically.
Upper and Lower Control Chart limits
Horizontal lines in a control chart specifying whether the process is in or out of control.
Definition of a stable process
Where output varies at the target level for a significant period of time and where sample means do not exceed boundaries defined by upper and lower control limits.
Difference between the lowest and highest number in a dataset
Range
A statistical measure of variation that takes into consideration every member of a dataset is called ….
Standard deviation
Describe a normal distribution
Data clusters near the centre and tapers on the other side. One side is a mirror image of the other
What’s another name for a bell-shaped curve
Normal distribution
What is the area under a normal distribution curve
One hundred % of the observations
Mean of a normal distribution
Divides the observations in half. Fifty % fall below the mean and fifty above it. The normal distribution is symmetrical on both sides of the mean.
% of observations that fall between the mean and three standard deviations on either side of the mean?
99.7%
What % of the outcomes fall beyond plus and minus 6 standard deviations from the mean?
A negible amount. Near perfection
% of observations that fall between plus and minus two standard deviations from the mean of a normal distribution
95%