________ Are Used to Determine Whether a Process Will Produce

question 43

Multiple Choice

________ are used to determine whether a process will produce a product or service with consistent measurable properties.

• A) Scatter diagrams
• B) Control charts
• C) Process maps
• D) Cause-and-effect diagrams
• E) Histograms

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Definitions:

Production Possibilities Curve

A graphical representation showing the maximum quantity of goods and services that an economy can produce when all resources are fully employed.

Education Level

A measurement of the highest stage or degree of formal learning or training that an individual has completed.

Labor Force

Refers to the total number of people, including both the employed and the unemployed, who are currently available to engage in the production of goods and services in an economy.

Entrepreneurs

Individuals who start, organize, manage, and assume the risk for a business venture.