With the rapid development and evolution of the Internet-of-Things (IoT) and big-data analysis technologies, faster and more accurate production data analysis and process capability evaluation models will bring industries closer to the goal of smart manufacturing. Small sample sizes are also common, due to destructive testing, the high costs of detection, and insufficient technological capacity, and these undermine the reliability of the statistical method. Many studies have pointed out that a confidence-interval-based fuzzy decision model can incorporate accumulated data and expert experiences to increase testing accuracy for small samples. Therefore, this study came up with a confidence-interval-based fuzzy decision model based on a process yield index. The index not only reflects process capability but also has a one-to-one mathematical relation with the process yield so that it is convenient to apply in practice. The proposed model not only diminishes the probability of misjudgment resulting from sampling error but also improves the accuracy of testing under the situation of small sample sizes, thereby contributing to the development of smart manufacturing.