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Pre-control should only be used when process capability is greater than 88 percent of the tolerance.
Marginal Utility
The extra pleasure or advantage a customer gains by consuming an additional unit of a product or service.
Loss of Value
The decrease in worth of an asset or investment over time, often due to market fluctuations or the asset's deterioration.
Total Utility
The overall satisfaction or happiness a consumer derives from consuming a certain quantity of a good or service.
Marginal Utility
is the added satisfaction or benefit a consumer gets from consuming one additional unit of a good or service.
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