If a Manager Has Collected Over One Thousand Time Measurements

question 74

Multiple Choice

If a manager has collected over one thousand time measurements showing how long customers had to wait for service at her bank,a tool for presenting the data effectively would be:

• A)a process flow chart.
• B)a Pareto chart.
• C)a histogram.
• D)a process control chart.

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Definitions:

Acceleration

A provision in a contract that allows a lender to demand immediate payment of the entire outstanding balance if certain conditions are not met.

Payment

The transfer of money or its equivalent in exchange for goods, services, or to settle a debt.

Time Certain

A specific point in time agreed upon at which an event must occur or a condition must be met.

Electronic Format

A form of data storage or presentation that uses digital technology, often allowing for easy sharing and manipulation of information.