Examlex

Solved

List at Least Six KPI That Can Be Used to Measure

question 51

Essay

List at least six KPI that can be used to measure the objective "To ensure all production runs are accurately scheduled,conducted,recorded and costed".


Definitions:

Control Limits

Statistical boundaries within a control chart that signal the range of variability expected in a process's stable and controlled state.

Proportion

is a mathematical concept that denotes a part, share, or number considered in comparative relation to a whole.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a data set deviate from the mean.

Control Limits

Control limits are the boundaries set in statistical process control that indicate the acceptable range of variation for a process, distinguishing between common and special causes of variation.

Related Questions