When faced with an uncertain outcome or a choice of actions, a what-if analysis allows you to study the consequences of different routes that the future might take.
Chat with our AI personalities
The purpose of correlation analysis is to check the association between two items. This can be useful in determining accuracy.
Identify a stratum of items that merit 100% analysis.
An approach to decision-making that identifies as few options as possible that will produce the maximum result is called pareto analysis. There are six steps that are involved when conducting a pareto analysis.
Listen mate! I'll break it down to you.. variance analysis
PFMEA is also called potential failure mode effects analysis. The purpose of PFMEA analysis is to take actions to eliminate or reduce failures, starting with the high priority ones.