Regression analysis helps quality teams improve their process standards. In simple terms, it helps these teams understand how variations in the manufacturing process affect the quality of the final product.
Monte Carlo Simulation uses a mathematical model of the system, and the simulation provides expected values based on an equation defining the relationship between the inputs and outputs.
February 14, 2022
Testing potential improvements can get complicated when working with multiple suppliers in different steps of a process. Using a Monte Carlo Simulation can help illuminate the results you’d like to see.