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Apparatus and method for forecasting control chart data

  • US 20070179922A1
  • Filed: 01/30/2006
  • Published: 08/02/2007
  • Est. Priority Date: 01/30/2006
  • Status: Abandoned Application
First Claim
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1. A computer-readable storage medium to direct a computer to function in a specified manner, comprising executable instructions to:

  • construct a control chart characterizing business data values and control limits, wherein the business data values are selected from financial, human resource, marketing, sales, customer and supplier data;

    identify a pattern in the control chart;

    apply regression analysis to the control chart to produce a forecast;

    compare the forecast to a control limit;

    determine if the forecast exceeds the control limit; and

    report an alert.

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