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TABLE 17-7
A supplier of silicone sheets for producers of computer chips wants to evaluate her manufacturing process. She takes samples of size 5 from each day's output and counts the number of blemishes on each silicone sheet. The results from 20 days of such evaluations are presented below.
-Referring to Table 17-7, based on the R chart, it appears that the process is out of control.
Return on Investment
measures the gain or loss generated from an investment relative to its cost, providing insight into the efficiency of the investment.
Profit Centre Managers
Individuals responsible for overseeing profit centres, areas within a business that are directly responsible for generating revenue exceeding their operating costs.
Pricing
The process of determining what a company will receive in exchange for its products or services.
Operations
entails the daily activities, processes, and functions carried out in running a business, particularly related to production of goods or services.
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