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A large restaurant contracts with a local laundry to wash white napkins. The laundry returns the napkins in bundles of 100 napkins. The restaurant uses a sampling plan to make a decision to use the bundle of napkins or return the bundle to the laundry. The sampling plan uses a sample size of ten with a "number of rejects allowed" of one. If the number of dirty napkins in a sample of ten is two,what decision is made?
Idea
A thought, concept, or notion that can be the basis for invention, creative processes, or problem-solving strategies.
Corporate Citizenship
The extent to which businesses are socially responsible for meeting legal, ethical, and economic standards to positively impact society and the environment.
Socially Responsible
A term describing companies or individuals that act in a way that benefits society, often through sustainable practices, ethical behavior, and philanthropy.
Bottom Line
The final profit or loss of a business after all expenses have been deducted from the revenues, also used metaphorically to mean the ultimate outcome.
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