Examlex
Match each definition that follows with the term (a-h) it defines.
-Focuses on a company's ability to generate net income
Process Control System
An integrated system of technologies and practices used to manage and regulate industrial processes to maintain consistency and quality.
Sample Mean Chart
A type of control chart used to monitor the central tendency of a process over time by plotting the mean of each sample drawn from the process.
Upper Control Limit
The Upper Control Limit is the highest value on a control chart that a process variable is expected to go, indicating a point beyond which the process is considered out of control.
Lower Control Limit
The threshold below which the process output is considered to be statistically out of control in a control chart.
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