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Fundamental Ideas Behind Control Charts

Fundamental Ideas Behind Control Charts
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Author(s): Boya Venkatesu (Woxsen University, India)
Copyright: 2023
Pages: 17
Source title: Handbook of Research on AI and Knowledge Engineering for Real-Time Business Intelligence
Source Author(s)/Editor(s): Kamal Kant Hiran (Sir Padampat Singhania University, India & Lincoln University College, Malaysia), K. Hemachandran (Woxsen University, India), Anil Pise (University of the Witwatersrand, South Africa)and B. Justus Rabi (Christian College of Engineering and Technology, India)
DOI: 10.4018/978-1-6684-6519-6.ch017

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Abstract

This chapter explores control charts. When the control chart shows that the process being monitored is not in control, the analysis gained from the chart can be useful in pinpointing the causes of the variation because it could lead in the process functioning lesser effectively. A stable process that runs beyond the intended bounds of specifications must be improved by a conscious move aimed at grasping the root causes of the current performance and fundamentally enhancing it. It explores different context of control charts, and it can be helpful find the fluctuations in real time business applications.

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