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Efficiency

Measurements related to the quantity of materials and other resources that is used in the production output of a process, procedure, or service. (i.e. process costs, total cycle time, suppliers used, cost of defects, scrap, and/or other wasted time, other non-value adding activities or value adding activities, and/or materials). Is primarily linked to a company?s profitability.

Six Sigma attempts to use various theories and methods to make a process more efficient.

Also see DFSS – Design for Six Sigma, DMAIC – Define, Measure, Analyze, Improve, Control, Waste-Free Industrialized System, Design Margin – Statistical Tolerance Part 1, and Design Margin – Statistical Tolerance Part 2.

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Last Updated: Saturday, 10-Jun-06 15:50:57 PDT

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