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SanDisk's MP3 player product line (called the Sansa)has a low relative market share. The MP3 player market is expected to decline over the next few years. In Boston Consulting Group (BCG)portfolio analysis, the Sansa would be considered a dog.
Specification Limits
Predefined bounds within which a product, service, or outcome must fall to be considered acceptable quality.
Standard Errors
Measures of the statistical accuracy of an estimate, reflecting how much an estimated parameter varies under repeated sampling.
Process Distribution
The pattern of variation that a process exhibits, often characterized by a probability distribution that describes how process measurements are dispersed or spread.
S Chart
A type of control chart used for monitoring the variability of a process as measured by the sample standard deviation.
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