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Management accounting 2022

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Question:

What is a control chart and how is it read?

Author: Hjalmer Pedersen



Answer:

The control chart measures whether sampled products are meeting their intended specifications. The x-axis tracks samples tested, and y-axis chart tracks the variance to the expected level (The black line). Dots above black line means there are more errors that day, and below means less than expected that day. In the control chart below, it can be seen that there are more errors in the weekend.


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The control chart measures whether sampled products are meeting their intended specifications. The x-axis tracks samples tested, and y-axis chart tracks the variance to the expected level (The black line). Dots above black line means there are more errors that day, and below means less than expected that day. In the control chart below, it can be seen that there are more errors in the weekend.
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