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Metrics
Acronyms and Initialisms
Data
Histograms
100
A quantifiable evaluation of characteristics and / or level of performance based on obersvable data.
What is a measure?
100
The acronym for 8 wastes of lean.
What is DOWNTIME?
100
Do YOU get the same results each time?
What is repeatability?
100
The customer feels this type of measurement.
What is variation?
200
A profit margin [%] is a _____.
What is a metric?
200
A ___ is a visual representation of the process deployed to satisfy customer needs.
What is VSM (Value Stream Maps)?
200
Two types of variation.
What is common cause and special cause?
200
Bell-shaped distribution.
What is Normal?
300
Revenue is a ______ type of metric.
What is continuous
300
Statistically calculated boundries within which a process and control should opperate.
What is UCL and LCL?
300
Three ways to measure central tendency.
What is mode, mean, median?
300
Two peaks.
What is bimodal?
400
It is difficult to distinguish between these two types of metrics without context.
What is lagging and leading metrics?
400
WWWWWHH
What is Who What Where When Why How and How Many?
400
The upper and lower boundries are found at this number of standard deviations.
What is plus and minus three from the average?
400
The ___ is the greatest amount in which a process or product is within acceptable performance limits.
What is USL or Upper Specification Limit?
500
A clear precise description of the factor being measured.
What is Operational Definition?
500
Discover is an acronym for...
What is Doing the Right Thing, Innovation, Simplicity, Collaboration, Openness, Volunteerism, Enthusiasm, Respect.
500
At three standard deviations there is about a ____ percent of accuracy.
What is 99.7%?
500
For ___ data values are evenly distributed.
What is uniform distribution?