Line Extensions Are Less Common Than Other New Products Because

question 57

True/False

Line extensions are less common than other new products because line extensions are more expensive and more risky.

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Definitions:

Defect Rate

The percentage or rate at which a process or product fails to meet quality standards or produces errors, used as a measure of quality control.

Control Chart

A tool used in statistical process control to monitor, control, and improve process performance over time by identifying variations.