Examlex
"Average outgoing quality" will show the average quality level of inspected and uninspected lots for any given incoming proportion defective.
Faulty Hindsight
The misinterpretation or incorrect analysis of past events, often seeing them as more predictable than they actually were.
Previous Sunk Costs
Refers to resources that have already been spent and cannot be recovered.
Groups
A number of individuals assembled together or having some unifying relationship.
Failing Course Of Action
A strategy or plan that does not achieve its intended outcome or results in a negative consequence.
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