What is moving average chart in SAP QM - Quality Management?

SAP Term: moving average chart

• Component: QM

• Component Name: Quality Management

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

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• Key Concepts: 
  Moving average chart is a type of chart used in Quality Management (QM) in SAP. It is used to analyze the quality of a product or process over time. The chart shows the average value of a given quality characteristic over a certain period of time. This helps to identify trends and patterns in the data, which can be used to make decisions about the quality of the product or process. 
  
  How to use it: 
  The moving average chart can be used to analyze the quality of a product or process over time. To create a moving average chart, first select the quality characteristic that you want to analyze. Then, select the time period that you want to analyze. Finally, enter the data points for each time period and calculate the average value for each time period. The resulting chart will show the average value for each time period, which can be used to identify trends and patterns in the data. 
  
  Tips & Tricks: 
  When creating a moving average chart, it is important to select an appropriate time period. If the time period is too short, it may not provide enough data points to accurately identify trends and patterns in the data. If the time period is too long, it may not provide enough detail to accurately identify trends and patterns in the data. It is also important to select an appropriate quality characteristic that is relevant to your analysis. 
  
  Related Information: 
  The moving average chart can be used in conjunction with other Quality Management tools such as control charts and Pareto charts. These tools can help to further analyze and interpret the data from the moving average chart. Additionally, other statistical methods such as regression analysis can be used to further analyze and interpret the data from the moving average chart.