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The level at which managers set a more specific strategic direction for their businesses to exploit value-creating opportunities is referred to as the
Design Specifications
Detailed descriptions of materials, dimensions, and processes used in the construction of a product.
P-chart
A type of control chart used for monitoring the proportion of defective items in a process over time.
Control Limits
Boundaries in statistical process control that indicate the thresholds for when a process is in or out of control.
Process Capability Index
A statistical measure that quantifies how well a process can produce output within given specification limits.
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