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Why are x-bar and R-charts usually used hand in hand?
Quantity Control
Regulatory measures or policies aimed at limiting the amount of goods produced, supplied, or available in a market.
Lower Limit
The smallest value that a given set, statistical sample, or data category can take on or be assigned.
Upper Limit
The maximum level or value that can be reached or is allowable in a given context.
Supply and Demand
Fundamental economic model describing how prices vary as a result of a balance between product availability and consumer demand.
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