Examlex
Regarding the discipline approach known as management techniques,which of the following statements is TRUE?
Centerline
In statistics, the centerline often refers to the median value in a dataset or the middle line in a control chart that represents the average level of performance.
Process Capability Index
The process capability index is a statistical measure that quantifies how well a process can produce output within specified limits compared to the allowable spread of specification limits.
Specification Limits
Specification limits are defined boundaries within which a product or process measure is considered acceptable according to customer or regulatory standards.
Control Charts
Tools used in statistical process control to monitor processes and ensure that they are within control limits.
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