Deriving the Success Run Theorem
The success run theorem is one of the most common statistical rationales for sample sizes used for attribute data.
The success run theorem is one of the most common statistical rationales for sample sizes used for attribute data.
Mental toughness is a quality that sets extraordinary individuals apart from the rest, enabling them to endure discomfort and uncertainty for extended periods. But what exactly is mental toughness? Can it be achieved without undergoing severe stress and trauma?
Peter Drucker, celebrated by BusinessWeek magazine in 2005 as “the man who invented management,” is credited with a concept that has created confusion for me throughout my work life: the distinction between knowledge work and manual work.
Risk analytics is a vital component of risk management that uses statistical models, data analysis, and predictive modeling techniques to assess, quantify, and mitigate risks in various domains.
Creating a well-run facility isn’t as simple as it appears. It requires meticulous planning, dedicated resources, and a keen eye for detail to ensure that all elements, from the largest machines to the smallest fixtures, function as intended.
One of the things I hear from many people is they want to improve their ability to focus. If they just had a distraction-free environment, they could get the right things done.
Last May marked the 35th anniversary of the Shingo Prize, an award bestowed each year to recognize organizations that demonstrate the principles and methods espoused by its namesake,
A new study from the University of Birmingham has found that managers have developed a mo
Time value of money calculations, including net present value analysis, is important when selecting projects and investments. The calculations are part of the body of knowledge for some of ASQ’s certification exams.