Glossary
Term | Definition |
---|---|
Continuous improvement |
The ongoing process of evaluation and change in order to improve operations or performance |
Flowchart |
A set of boxes representing steps and decision points, with connecting lines showing the sequence of steps |
Key performance indicator |
A measure of performance that allows a business to track its ability to meet defined targets |
Pareto chart |
A diagram ranking the causes of problems or other categories of information according to their frequency of occurrence. |
Time plot |
A graph for displaying trends in sequential sets of figures. |