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  2. Efficiency (statistics) - Wikipedia

    en.wikipedia.org/wiki/Efficiency_(statistics)

    In statistics, efficiency is a measure of quality of an estimator, of an experimental design, [1] or of a hypothesis testing procedure. [2] Essentially, a more efficient estimator needs fewer input data or observations than a less efficient one to achieve the Cramér–Rao bound.

  3. Efficiency - Wikipedia

    en.wikipedia.org/wiki/Efficiency

    Efficiency is very often confused with effectiveness. In general, efficiency is a measurable concept, quantitatively determined by the ratio of useful output to total useful input. Effectiveness is the simpler concept of being able to achieve a desired result, which can be expressed quantitatively but does not usually require more complicated ...

  4. Operational excellence - Wikipedia

    en.wikipedia.org/wiki/Operational_excellence

    Devised by Dr. Shigeo Shingo, the Shingo Model encompasses ten guiding principles for operational excellence.The Shingo Institute, an organization that awards the Shingo Prize, has identified "Ten Guiding Principles in the Shingo Model" as forming the basis for building a sustainable culture of organizational excellence: [10]

  5. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.

  6. Data and information visualization - Wikipedia

    en.wikipedia.org/wiki/Data_and_information...

    In data and information visualization, the goal is to graphically present and explore abstract, non-physical and non-spatial data collected from databases, information systems, file systems, documents, business data, etc. (presentational and exploratory visualization) which is different from the field of scientific visualization, where the goal ...

  7. Overall equipment effectiveness - Wikipedia

    en.wikipedia.org/.../Overall_equipment_effectiveness

    Overall equipment effectiveness [1] (OEE) is a measure of how well a manufacturing operation is utilized (facilities, time and material) compared to its full potential, during the periods when it is scheduled to run. It identifies the percentage of manufacturing time that is truly productive.

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