Which One of the Following Statements Is TRUE

question 8

Multiple Choice

Which one of the following statements is TRUE?

• A) With due diligence, variation in a process can be completely eliminated.
• B) No two products are exactly alike because the processes that produce them contain many sources of variation, even if the process is a machine.
• C) Common causes of variation are those factors that can be identified as commonly occurring at a particular process.
• D) SPC and TQM are two competing techniques for quality control.

---

Definitions:

Decimal Places

The positions to the right of the decimal point in a decimal number, indicating fractions of ten.

Compounds Interest

Interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Quarterly

Occurring or produced every quarter of a year (every three months).

Annual Interest Rate

The percentage of a sum of money charged for its use or paid to investors, calculated annually.