Lean Six Sigma, AI and Analytics

As artificial intelligence, machine learning, and analytics continue to grow in use, how do they fit with Lean and Six Sigma methodologies? We’ll look at several possible answers to this question from an overview of their working together, to caveats to be concerned about, some applications in conjunction with analytics, and finally a video on [...]

Machine Learning and Classical Statistics

Machine learning is mentioned frequently in the media. How is it different from classical statistics? How is it similar? We found it best to learn about this from Brian Caffo, a Ph.D. in statistics who also has expertise in computing algorithms. Brian is a professor of biostatistics at John Hopkins University. Brian uses both machine [...]

Predictive Maintenance – Definition and Examples

Predictive Maintenance is used to assess the state of operating equipment, materials, or other items in order to determine when maintenance is necessary. Machine Learning, Artificial Intelligence, and Statistical Methods are helpful in making the predictions in order to prevent more costly breakdowns later. Ryan Chan, CEO at Upkeep Maintenance Management, discusses Predictive Maintenance. “Predictive [...]

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