But...
The chart is handy. The trouble is that there are two things occurring. CONVERSION and EXTRACTION. The chart tells you what would be measured at a given thickness at 100% conversion AND extraction. So I suppose the chart could be used to see if you are hitting 75% (or whatever your anticipated % is) but it's still a guessing game that the missing 25% is due to extraction not conversion. That might be why Kai's next sentence is to check conversion with iodine if your below 90-95%.
My method is kind of an educated guess. If your pH is good, temp is good, etc then you should achieve conversion in 20 min. I go three times that to be sure, then at 60 minutes if my wort is clear of anything that resembles starch haze, I mash out and sparge. I'm too lazy to deal with iodine and not certain I would be able to accurately interpret it anyway.