Robust Design Refers to Designing Goods and Services That

question 46

Multiple Choice

Robust design refers to designing goods and services that:

• A)make the most efficient use of the available resources.
• B)are insensitive to variation in manufacturing processes and when consumers use them.
• C)create a competitive advantage for the organization in the market.
• D)are the least costly to produce.

Differentiate between Type I and Type II errors and their implications.

Identify and explain the significance of test statistic, critical value, and p-value.

Choose the appropriate statistical test for comparing means across groups.

Understand the concept of statistical significance and its threshold values.

---

Definitions:

Job Performance

The effectiveness with which job tasks are executed and completed by an employee or a group within an organization.

Modest

Exhibiting a moderate or low view of one’s importance, often characterized by humility and simplicity.

Constructive Stress

A form of stress that is perceived as manageable and motivating, encouraging personal growth and achievement.

Stimulate Creativity

The act of encouraging new and innovative ideas or ways of thinking, often by creating an environment that fosters curiosity, openness, and risk-taking.