Consider Process Data Consisting of the Amounts of Potato Chips $\bar { x }$

question 44

Multiple Choice

Consider process data consisting of the amounts of potato chips (in ounces) in randomly selected bags of chips. The process is to be monitored with $\bar { x }$ control charts based on samples of 50 bags randomly selected each day for 15 consecutive days of production. What does $\bar { x }$ denote?

• A) The mean of the standard deviations for the 15 days.
• B) The mean of the ranges for the 15 days.
• C) The mean of 50 bags.
• D) The mean of all 15 sample means.

---

Definitions:

Multinational Firm

A company that conducts business and has facilities and other assets in at least one country other than its home country.

Transnational Firm

A company that operates across national borders, managing production or service facilities in more than one country.

International Firm

A business that engages in commercial transactions across national borders.

Loss-Leader Pricing

Deliberately selling a product below its customary price, not to increase sales, but to attract customers’ attention to it in hopes that they will buy other products with large markups as well.