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  2. Standard time (manufacturing) - Wikipedia

    en.wikipedia.org/wiki/Standard_time_(manufacturing)

    Standard time (manufacturing) In industrial engineering, the standard time is the time required by an average skilled operator, working at a normal pace, to perform a specified task using a prescribed method. [ 1] It includes appropriate allowances to allow the person to recover from fatigue and, where necessary, an additional allowance to ...

  3. Takt time - Wikipedia

    en.wikipedia.org/wiki/Takt_time

    Takt time, or simply takt, is a manufacturing term to describe the required product assembly duration that is needed to match the demand. Often confused with cycle time , takt time is a tool used to design work and it measures the average time interval between the start of production of one unit and the start of production of the next unit when ...

  4. Mean time between failures - Wikipedia

    en.wikipedia.org/wiki/Mean_time_between_failures

    Overview. Mean time between failures (MTBF) describes the expected time between two failures for a repairable system. For example, three identical systems starting to function properly at time 0 are working until all of them fail. The first system fails after 100 hours, the second after 120 hours and the third after 130 hours.

  5. Statistical process control - Wikipedia

    en.wikipedia.org/wiki/Statistical_process_control

    Statistical process control ( SPC) or statistical quality control ( SQC) is the application of statistical methods to monitor and control the quality of a production process. This helps to ensure that the process operates efficiently, producing more specification-conforming products with less waste scrap. SPC can be applied to any process where ...

  6. Gantt chart - Wikipedia

    en.wikipedia.org/wiki/Gantt_chart

    A Gantt chart is a type of bar chart [ 4][ 5] that illustrates a project schedule. [ 6] This chart lists the tasks to be performed on the vertical axis, and time intervals on the horizontal axis. [ 4][ 7] The width of the horizontal bars in the graph shows the duration of each activity. [ 7][ 8] Gantt charts illustrate the start and finish ...

  7. Numeric precision in Microsoft Excel - Wikipedia

    en.wikipedia.org/wiki/Numeric_precision_in...

    Excel maintains 15 figures in its numbers, but they are not always accurate; mathematically, the bottom line should be the same as the top line, in 'fp-math' the step '1 + 1/9000' leads to a rounding up as the first bit of the 14 bit tail '10111000110010' of the mantissa falling off the table when adding 1 is a '1', this up-rounding is not undone when subtracting the 1 again, since there is no ...

  8. D'Hondt method - Wikipedia

    en.wikipedia.org/wiki/D'Hondt_method

    The chart below shows an easy way to perform the calculation. Each party's vote is divided by 1, 2, 3, or 4 in consecutive columns, then the 8 highest values resulting are selected. The quantity of highest values in each row is the number of seats won.

  9. Control chart - Wikipedia

    en.wikipedia.org/wiki/Control_chart

    Control charts are graphical plots used in production control to determine whether quality and manufacturing processes are being controlled under stable conditions. (ISO 7870-1) [1] The hourly status is arranged on the graph, and the occurrence of abnormalities is judged based on the presence of data that differs from the conventional trend or deviates from the control limit line.