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Scenario 7-2. Jack loves computers and has since he was a child. He spends every waking hour programming, rebuilding, and tinkering with any computer he can find. He has just graduated with a Bachelor's Degree in Computer Science and is trying to decide what to do with the rest of his life. The computer stores in the town in which he lives are not places he would want to work. They are known for slow service, lack of quality computers, and inability to service the computers they sell. He is contemplating opening his own small business; however, lack of funds is his major problem. To deal with his lack of funds, initially he would concentrate on repair and service of existing computer systems and then expand into selling new computers as his capital base grew. He knows he could do a better job with customer service than what his competitors currently are doing.
-In Scenario 7-2 above, one of the major advantages that Jack would possess in his new business venture would be which of the following?
In Control
A term often used in process control to indicate that a process is operating within its established control limits, suggesting stability and predictability.
Process Spread
Refers to the variability or range of values within a process, often analyzed to assess the process's capability and stability.
Normally Distributed
Describes a dataset that follows a Gaussian distribution, with most data points clustering around the mean and symmetrical tails.
Control Chart
A tool used in statistical quality control to monitor a process and determine whether it is in a state of statistical control.
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