What is mean-value chart in SAP QM - Quality Management?

SAP Term: mean-value chart

• Component: QM

• Component Name: Quality Management

• Description: A control chart type that represents the mean values of several single values in a sample.

Smart SAP Assistant

• Key Concepts: 
  A mean-value chart is a statistical tool used in Quality Management (QM) within SAP. It is used to monitor the stability of a process over time by plotting the average value of a process variable against the number of samples taken. The mean-value chart can be used to detect any changes in the process that may indicate a need for corrective action. 
  
  How to use it: 
  The mean-value chart is created by plotting the average value of a process variable against the number of samples taken. The chart can be used to detect any changes in the process that may indicate a need for corrective action. The chart can also be used to compare different processes or different products within the same process. 
  
  Tips & Tricks: 
  When creating a mean-value chart, it is important to ensure that the data points are evenly spaced and that the sample size is large enough to provide an accurate representation of the process. Additionally, it is important to ensure that any outliers are removed from the data set before creating the chart. 
  
  Related Information: 
  The mean-value chart is closely related to other statistical tools such as control charts and run charts. These tools can be used in conjunction with the mean-value chart to gain further insight into the stability of a process over time.