ACTG 3P23 Midterm: Cost - Cheat Sheet
Document Summary
Cycles patterns that occur when the points move up and down in a periodic wave-form. Runs patterns that occur when 7 or more successive points, 10 of 1 t points, or 12 of 14 points fall on the same side of the center line. Shifts patterns that occur when an activity finds a new point of central tendency. Trends patterns that occur when there is a steady rise or fall in the position of points. Pareto chart bar chart where each bar represents a problem category, and its height represents the frequency of occurrence. Band graphs - visualization techniques that clearly show not only the trend in costs of quality but also the change in profit. They express their internal composition and proportions by the length of a band. R chart a statistical device that shows variations in the range in values of sample groups. It helps control the general variability of the process or activity.