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Historically, the average proportion of defective bars has been 0.015. Samples will be of 100 bars each. Construct a p-chart using z = 3. What is the value of UCL?
Aggregate Plan
A medium-term plan that outlines the total production levels, inventory, and workforce size required to meet anticipated demand.
Safety Inventory
A buffer stock kept to protect against variability in demand or supply, ensuring sufficient product availability.
Capacity
The maximum output that a system, facility, or machine can produce under normal conditions over a given period.
Advanced Planning Systems
Sophisticated software solutions designed to optimize supply chain operations, from resource planning to production and distribution.
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