If ?σ Is the Population Standard Deviation, K the Number

question 111

Multiple Choice

If ?σ is the population standard deviation, k the number of samples or subgroups, and n the sample size (number of observations in each subgroup) , what is the distance from the centre line to the upper control limit?

• A) σ
• B) 3 σ
• C) 3 σ / √k
• D) 3 σ / √n

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Definitions:

Quick Response

A strategy that focuses on reducing lead times across various stages of the supply chain to meet customer demand rapidly.

Supply Chain

The interconnected sequence of processes involved in the production and distribution of a commodity, from raw materials to end-user delivery.

Distributor

An intermediary entity between the producer of a product and another entity in the distribution channel or supply chain, such as a retailer or end consumer.

Manufacturer Profit

The financial gain a manufacturing company obtains from producing and selling its goods, calculated by subtracting costs from revenue.