Models
This model is of a manufacturer that needs to reduce the number of defective units produced. It uses @RISK to pinpoint the manufacturing stage that is the worst offender. It also obtains key process capability metrics for each stage, as well as for the entire process, that will help to improve quality and reduce waste. Given historical data, it also uses @RISK's distribution fitting feature to define distribution functions describing the number of defective parts at each stage of the process.
