Every plant manager has a "golden batch": the run that went perfectly and that everyone secretly compares against. The problem is that a single golden batch is an anecdote. This week you replace the anecdote with an envelope: what 80 normal batches look like together, with statistical limits instead of someone's gut thresholds. The analogy from your world is the portfolio dashboard. A single project running 5% late …
If you only do one thing this week: T² limits computed
Kourti & MacGregor (1995), "Process analysis, monitoring and diagnosis, using multivariate proje…
Saturday sandbox
· after Nomikos & MacGregor (1995), "Multivariate SPC charts for monitoring batch processes"
Kourti & MacGregor (1995), "Process analysis, monitoring and diagnosis, using multivariate projection methods", Chemometrics and Intelligent Laboratory Systems 28:3-21 (verify)