Examlex
A production possibilities model identifies
Control Chart
A graphical tool used in process control to display how a process varies over time and whether it remains within predefined limits.
Defects Per Unit
The average number of defects found in each unit of output or product.
Acceptance Sampling
A statistical quality control method used to determine whether to accept or reject a batch of products based on sampling a few units from the batch.
Statistical Techniques
Mathematical methods applied to data for the purpose of analysis, interpretation, and presentation, used in various fields for informed decision-making.
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