This document discusses process capability analysis. It introduces process capability, why it is studied, and how it is measured through graphs and calculations of metrics like Cp. Process capability determines if a process meets specifications and can help reduce variability. The principles of process capability are explained, such as predicting variability. Methods like analytical calculations and process capability ratios are covered. Advantages include process improvement, while disadvantages are that it is best for large companies. Control charts can also be used to monitor processes.