Cpk; What is its “Capability?”

There seems to be some low level confusion about Cpk and Ppk and what they actually represent. Very basically, Cpk is short term “noiseless” process capability where Ppk is long term “noisy” process capability. Some of the confusion regarding these two metrics may be because the automotive industry had at one time used Cpk to …

Monte Carlo Simulation, It’s not just for DOE

One of the misperceptions about Monte Carlo Simulation is that it is only useful in reducing the number of “experiments” or “test runs” in conjunction with Design and Analysis of Experiments (DOE). Please don’t get me wrong it is a very powerful and useful tool for this use and is becoming more and more popular …

Simulation Presentations at Upcoming Six Sigma Conferences

Believe it or not, 2009 is upon us. The introduction of @RISK – Palisade Corporation’s Monte Carlo simulation add-in for MS Excel – into the Six Sigma and DFSS communities has been has been incredible! Many large and small corporations have standardized on @RISK for their quality, process improvement or development projects, as well as …

The State of Customer Service in the United States (Might be Killing Us!)

I am a consumer just like everyone else, and I’m seriously concerned about the retail service industry in the United States. To our chagrin, many manufacturing and telephone customer service positions have been outsourced to places like Mexico, China, and India. Ever since this migration started we have struggled to maintain these types of industries …

Palisade Conference Provokes Six Sigma Buzz

Last week, Palisade Corporation held its North American User Conference; it was a very successful event that brought together @RISK Users from around the world. Presentations and discussions touched on topics such as the subprime mortgage crisis, financial risk management, modeling flu, project risk management and of course, the ways to Monte Carlo simulation in …

MTBridge – The Integration of @RISK, Excel and Minitab

One of the typical complaints  I have heard over the years in the Six Sigma Community is that transferring data between Minitab and other programs is a hassle. Sure you can cut past from any program to another, but that becomes repetitive and a source for potential error. Palisade Corporation has been working with SixSigmaIn …

Lean and Six Sigma in Our Turbulent Economy

I learned of an upcoming free webinar through IndustryWeek that I thought I would share; it is called Lean and Six Sigma in Our Turbulent Economy and will take place Wednesday, November 12, 2008 at  2:00 p.m. I unfortunately will not be to attend but would like your feedback on the webcast if you are able …

Lean Six Sigma Application of Monte Carlo Simulation in Process Industries

On Thursday, November 6, 2008 Ed Biernat, CEO of Consulting with Impact will share the results of a recent Lean Six Sigma Project where his company utilized Monte Carlo simulation to uncover and predicate process inefficiencies. The use of Monte Carlo simulation is growing in Lean Six Sigma applications. The ability to model actual data and then apply …

Project Risk Management in Six Sigma

The main limitation for any business activity when it comes to improving efficiency is time. A project typically has a definite start and end date, which means any improvement initiative has to be focused within that limited time period. This translates to working in parallel with the activities of a project as they actually happen.  …

Monte Carlo Simulation in Tolerance Design and Stack Analysis

The appeal of Monte Carlo Simulation lies in its applicability under very general settings and the unlimited precision that can be achieved. In particular, Monte Carlo can be used in all situations where other techniques (Linear and non linear propagation, and Numerical Integration) can be used but can yield more precise estimates. For this reason, …