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Thermostats are subjected to rigorous testing before they are shipped to air conditioning technicians around the world. Results from the last five samples are shown in the table. Is the process under control?
Customer Demand
The desire and willingness of consumers to purchase goods or services at a given price.
Available Capacity
The maximum amount of work or output that a system can produce or handle in a given period without additional resources.
Strategic And Planning Decisions
Decisions involved in setting long-term objectives and outlining the necessary actions to achieve them.
Adaptive Forecasting
Adaptive forecasting involves modifying and adjusting predictions and plans based on new information and changes in the environment or circumstances.
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