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Simple example of a process control chart, tracking the etch (removal) rate of Silicon in an ICP Plasma Etcher at a microelectronics waferfab. [1] Time-series data shows the mean value and ±5% bars. A more sophisticated SPC chart may include "control limit" & "spec limit" % lines to indicate whether/what action should be taken.
Control charts are graphical plots used in production control to determine whether quality and manufacturing processes are being controlled under stable conditions. (ISO 7870-1) [1] The hourly status is arranged on the graph, and the occurrence of abnormalities is judged based on the presence of data that differs from the conventional trend or deviates from the control limit line.
A continuous physical system is represented through variables that are smooth and uninterrupted in time. The control of the water temperature in a heating jacket, for example, is an example of continuous process control. Some important continuous processes are the production of fuels, chemicals and plastics.
Next, the upper control limit (UCL) and lower control limit (LCL) for the individual values (or upper and lower natural process limits) are calculated by adding or subtracting 2.66 times the average moving range to the process average: = ¯ + ¯.
In statistical process control (SPC), the ¯ and R chart is a type of scheme, popularly known as control chart, used to monitor the mean and range of a normally distributed variables simultaneously, when samples are collected at regular intervals from a business or industrial process. [1]
The Western Electric rules are decision rules in statistical process control for detecting out-of-control or non-random conditions on control charts. [1] Locations of the observations relative to the control chart control limits (typically at ±3 standard deviations) and centerline indicate whether the process in question should be investigated for assignable causes.
Example of a "performance seeking" control-flow diagram. [1] A control-flow diagram (CFD) is a diagram to describe the control flow of a business process, process or review. Control-flow diagrams were developed in the 1950s, and are widely used in multiple engineering disciplines.
Product Control is a control and support function, responsible for ensuring accurate financial reporting for trading, lending and treasury desks. [ 1 ] [ 2 ] The function is an important risk management element within investment banking , and is also often employed by corporate treasuries , hedge funds , and more recently, crypto trading firms .