If a Company Can Eliminate All Sources of Variance in a Process

question 23

Multiple Choice

If a company can eliminate all sources of variance in a process:

• A)It will be able to operate at maximum capacity at all times.
• B)There will be no constraints in the process.
• C)Continuous improvement will not be necessary.
• D)None of these are true.

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Definitions:

Career Options

The range of possible paths an individual can take in their professional life, often influenced by their skills, interests, values, and the opportunities available in the job market.

Bruce A. Kirchhoff

An academic notable for contributions to the fields of entrepreneurship and small business management.

Small Businesses

Enterprises characterized by having a small number of employees, low volume of sales, and relatively limited market influence.

Out of Business

signifies a status where a company ceases operations, often due to financial problems or inability to sustain its business model.