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You Have Just Used the Capability Index (Cpk)formulas to Compute

question 49

Multiple Choice

You have just used the capability index (Cpk) formulas to compute the two values "min [1.5,1]".Which of the following is the interpretation of these numbers?

Analyze productivity and its improvement.
Identify and differentiate between service and goods production characteristics.
Appreciate the importance of knowledge-based services.
Understand the significance of ethical and social responsibilities in operations management.

Definitions:

Standard Deviation

A measure of the dispersion or spread of a set of data points from its mean, indicating how much variation exists from the average.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, indicating how much the values in a dataset deviate from the mean.

Nonconforming Items

Products or outputs that do not meet the specified standards or quality criteria.

Samples

Selected portions or subsets of a population, used in statistical analysis to estimate characteristics of the whole population.

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