What Is the Purpose of a Process Capability Study

question 111

Short Answer

What is the purpose of a process capability study?
To determine how the quality of the company's products compares to the quality of its competitors' products
To provide information about variation in the company's production processes
To determine how much value various work activities add for customers
To determine if work teams will improve quality
To determine whether the causes of product failures are internal or external

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Definitions:

Market Share

The sector of a market that a certain company or product commands.

Organizational Foundation

The underlying principles and structures that define an organization's identity and guide its operations.

Organization Direction

The strategic goals, vision, and overarching directives that guide the actions and decision-making of an organization.

Organizational Strategies

Approaches and plans implemented by a company to achieve its long-term goals, improve performance, and maintain competitive advantage.