Cpk > 1 Indicates That the Process Average Is Exactly

question 102

True/False

Cpk > 1 indicates that the process average is exactly 3 standard deviations away from the closest specification limit.

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Definitions:

Petty Cash

Petty cash is a small amount of cash on hand used for paying expenses too small to merit writing a check or using a credit card.

Cash Payments

Transactions where money is paid out by a business or individual in exchange for goods or services.

Writing Checks

The process of completing a check to make a payment from a bank account.

Order

A request or instruction to purchase, sell, or supply goods or services.