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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Process Yield
What is Process Yield  

What is Process Yield


Process Yield is a criterion used in manufacturing to control process performance: it can be defined as a percentage of processed product units passing the compliance check (their key parameters fall within certain range of manufacturing tolerance), in other words these units will not be rejected as defective ones, so additional costs for repairing or scrapping the defective product units will not be incurred to the company. Process yield operates concepts of upper and lower specification limits (and a target limit between them) which are boundaries defining acceptable performance level.

All the product units suiting the range between the upper and lower specification limits or precisely meeting a target limit will make up a process yield rate (the fluctuation of characteristics can be depicted on X-bar chart). Yield loss (quality gaps) is caused by certain faults in the manufacturing process, entailing different defects in the key parameters. Yield loss rate can be classified by defect types and this will help to pinpoint the problematic areas of the process. Process yield prediction is used for estimating ROI from defect reduction.

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