Data visualization transforms complex data into clear insights through charts and graphs, helping users quickly spot and address production issues and make informed decisions.
Monte Carlo Simulation uses a mathematical model of the system, and the simulation provides expected values based on an equation defining the relationship between the inputs and outputs.
February 14, 2022
Testing potential improvements can get complicated when working with multiple suppliers in different steps of a process. Using a Monte Carlo Simulation can help illuminate the results you’d like to see.
The American Society for Quality (ASQ), along with many other organizations, define statistical process control (SPC) as the use of statistical techniques to control a process or production method.