Process Capability Analysis Should Be Used Only After ________

question 13

Multiple Choice

Process capability analysis should be used only after ________.

• A)control charts indicate that all special causes have been eliminated
• B)control charts show that the process is out of control
• C)common and special causes are known
• D)a plan for getting the process under statistical control has been agreed upon

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Definitions:

Liability

A financial obligation or debt that an individual or company owes, which must eventually be settled or paid off.

Common Stockholders

Individuals or entities that own the common shares of a company, granting them rights to vote on corporate matters and receive dividends.

Gross Investment

The total amount of money spent on new capital assets, not accounting for depreciation, indicating the aggregate investment in an economy.

Net Investment

The aggregate expenditure of a business or economy on capital assets, after subtracting depreciation.