Webinar Details
Date: 2024-05-23
Time: May 23 at 11 a.m. EDT | 5 p.m. CEST
This webinar will demonstrate how Monte Carlo simulation can be very helpful both for Lean and Six Sigma field projects. We will first present two Lean-oriented questions to be solved with two @RISK models and three Six Sigma-oriented @RISK models to show how Monte Carlo simulation can help significantly in process improvement issues (which process step should I improve in priority?), in production frequency estimations (which production frequency figure should I give to my plant manager?), in product design (on which component should I work in priority in order to minimize the scrap in an assembly process). Stochastic optimization will also be presented with Six Sigma applications (resource allocation and project prioritization). Eventually, we will show how Monte Carlo simulation can help to find robust design solutions among the different optimizations found by a Design Of Experiments (DOE).
About the Presenter
François Momal, Master Black Belt, FranceStat
Originally trained as an engineer at Centrale Paris, François Momal is also a certified TransformancePro Coach (class of CT38, Vincent Lenhardt) and Lean Six Sigma Black Belt (IASSC certified). After a career in major industrial groups and in Operational Excellence consulting, François Momal now offers a three-pronged service:
Trained in Transactional Analysis and Systems Thinking, François Momal integrates human factor approaches (from Coaching, Transactional Analysis, Systems Thinking, organizational sociology, etc.) into Operational Excellence approaches.
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Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.
Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.
Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.
Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.
Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.
Morbi at fringilla arcu. Nulla et cursus massa, vel viverra eros. Donec est tortor, iaculis lobortis fringilla eu, tempor sit amet nulla. Vestibulum vestibulum fermentum arcu, non vestibulum libero sagittis eget. Suspendisse porta lacus lorem, vel tincidunt justo fringilla eget.