The information necessary to support effective decision making, monitor performance and appropriately allocate resources within organizations is derived from measurements. Hence, measurement is a critical management activity.
Over the years, it seems acceptance charts have not received as much attention as control charts even though they have been around since the mid-1950s. That must change. Acceptance charts have great potential for use in managing quality and Six Sigma.
Have you noticed the prices of things going up lately? When I was a kid, a candy bar cost 25 cents. Now, you pay north of $1.25 for the same treat. Well, how about your wages? Whats the price of your labor these days? Is it on par with the market?