Quality: Terms starting with M

4 terms found

• Mean

  The arithmetic average of a data set, calculated by summing all values and dividing by the number of observations. The…

• Measurement

  The process of quantifying a characteristic, property, or attribute of a product, process, or phenomenon using a calibrated instrument or…

• Metric

  A quantifiable measure used to track and assess the status or performance of a specific process, activity, or outcome against…

• Muda

  A Japanese term for waste, referring to any activity or resource expenditure in a process that consumes time, materials, space,…