This unique volume provides an up-to-date and detailed description of the various process capability indices widely (and sometimes misleadingly) used in the applications at production sites. The authors, who are internationally recognized experts in this area with numerous contributions to the field, provide a lucid exposition, which covers all the main aspects, developments and advances. The concept of Process Capability Index (PCI) is barely 20 years old, but the multitude of available versions can overwhelm even the most seasoned practitioner. The organized and self-contained presentation of the material starting from 1980's primitive indices (Cp and Cpk) up to the newly proposed indices for the cases of multiple dependent characteristics results in an authoritative and indispensable reference. A proper balance between theoretical investigation and "rule-of-thumb" practical procedures is maintained in order to eliminate the tensions among various methodologies of assessing the capability of industrial processes.