A Process Can Be Said to Be Capable When

question 23

Multiple Choice

A process can be said to be capable when:

• A)The C_p is greater than 1.5.
• B)The C_pk is less than 1.0.
• C)The process is perfectly centered within the specification.
• D)The C_pk is greater than 1.5.

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Definitions:

Probability

The measure or likelihood that an event will occur, often expressed as a number between 0 and 1.

Potential Loss

The possible negative outcomes or amount of money that might be lost in an investment or venture.

Risk Management

The process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the impact of unfortunate events.

Risk Sharing

The practice of distributing potential financial losses among multiple stakeholders or partners.