Plan, Source, Make, Deliver, and Return Are the Five Basic

question 142

True/False

Plan, source, make, deliver, and return are the five basic supply chain management components.

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Definitions:

Process Capability Index

A statistical measure that quantifies how well a process can produce output within given specification limits.

Specification Limit

Predetermined bounds within which a product or process’s performance must fall to be considered acceptable, often used in quality control.

Standard Deviation

A statistic that measures the dispersion or spread of a set of numbers.

Process Capability Index

A statistical measure that quantifies how well a process is able to produce output within specified limits.