Management sits around the conference table, reviewing the most recent quality data regarding expense report rejections. “I don’t understand,” states the director of the finance department. “We held a ...

Follow the steps to make a Run Chart in Microsoft Excel: Run charts are used to monitor the performance of the process over time with a focus on process improvement; it displays the measurement of the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In my years of process improvement work, I've identified some problems that hinder the achievement of excellence. These are likely not unique to my experience and I want to share them with you, along ...

Control limits, how do they work? Is it a probability limit? Is it an economic limit? Read on to find out! A control chart consists of several parts. It has two limits. The bottom dashed line is ...