Statistics in a Manufacturing Facility:Economic and Performance Concerns
The practice of statistics in a manufacturing facility is incredibly important for two key reasons: Statistics help to address economic concerns and the functionality of equipment. This paper examines these two specific areas in respect to how statistics are necessary to promote the best interests of the manufacturing facilities. This paper takes the form of an applied knowledge report, where the materials are examined and are then demonstrated in their practice. 9 pgs. 2 sources.