Technical Improvement in Revolution Control Expressed through Process Capability Indices
In today's competitive environment, it is essential that the company has a set of key indicators reflecting its credible performance. Modern concepts of measuring corporate performance emphasize the need for not only financial but also non-financial indicators that allow us to create a dynamic...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Žilina
2014-12-01
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| Series: | Communications |
| Subjects: | |
| Online Access: | https://komunikacie.uniza.sk/artkey/csl-201404-0018_technical-improvement-in-revolution-control-expressed-through-process-capability-indices.php |
| Summary: | In today's competitive environment, it is essential that the company has a set of key indicators reflecting its credible performance. Modern concepts of measuring corporate performance emphasize the need for not only financial but also non-financial indicators that allow us to create a dynamic picture of the competitive situation on the market and help us to link the short-term performance to the long-term strategic vision of the company. This area can also include the issue of the numerical evaluation of the benefits brought about by using new technology in the enterprise when compared with the previously used technology. As an example, we show the modernization of equipment and the possibility of expressing the quality of a design change described on an experimental stand used for the research of the disintegration process.
The stability of the input variables crucially affects the course of the experiment, the results and the subsequent models formation. To assess the quality of the measured values a suitable method searched for their numerical evaluation. It was found that this can be done through a process capability index, as a measure of the quality of the monitored process, and an application of the process capability index is one of the possibilities for such evaluation. |
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| ISSN: | 1335-4205 2585-7878 |