6 SigmaTek: Lean Six Sigma and Lean Health Care

Services | RiskWizard Software

RiskWizard provides advanced measurement systems and risk analysis as well as statistical tolerancing for Six Sigma, Design for Six Sigma (DFSS) and Lean Sigma. Typical users include: Master Black Belts, Black Belts, Green Belts, project team members, and other technologists.

PRODUCT OVERVIEW

6SigmaTek is an authorized reseller of Risk Wizard by NextSigma Inc. Risk Wizard is a software tool that helps Six Sigma technologists, designers, process engineers and others assess the interactive effects of process variation, measurement error and tolerance limits on products or processes. The financial impact of these factors may be computed and sensitivity analysis may be performed in order to make changes to increase the producibility of the system. Risk Wizard allows users to create an initial design configuration and analyze the test and measurement performance in terms of standard metrics. It also allows the user to analyze actual test data to determine the true reducibility of the product or process under study.

There are two key measures involved in the assessment of the financial impact of test and measurement performance. They are the false failure rate and the false pass rate. Risk Wizard computes these risks and provides an easy interface for entering production data. Finally, combining the risk and production data information, Risk Wizard calculates the costs due to measurement system error. Traditional measures like Cpk and Gage R&R percent of tolerance do not provide a means of directly computing these costs and are limited in usefulness.

KEY FEATURES

RiskWizard’s cost analysis provides financial performance information that is not provided by measurement routines in traditional statistical analysis software. RiskWizard offers the ability to perform true statistical tolerancing for a product not yet in existence. RiskWizard’s sensitivity analysis capability clearly identifies specific variables for focused improvement efforts. RiskWizard provides standard process capability and gage R&R metrics. RiskWizard allows the user to analyze measurement data from test systems which involve either single or multiple, correlated responses. RiskWizard allows the user to analyze both balanced or unbalanced designs, unlike the measurement routines in the standard statistical packages. Design effects can be random, fixed or a mixture of both thus providing a much more general methodology for assessing test and measurement, producibility and statistical tolerancing analyses, also unlike the standard statistical packages.

SOFTWARE REQUIREMENTS

MS Windows 98 or later with all service packs installed.