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The manager of a division is displeased with the ROI of the division.One step that would increase ROI (holding everything else constant) is
Statistical Quality Control
A methodology that uses statistical methods to monitor and control production processes to ensure that quality standards are met.
Acceptability of Results
The degree to which outcomes or findings are considered valid, appropriate, or satisfactory by stakeholders or the intended audience.
Taking Samples
Involves collecting a subset of data or elements from a larger population or set, to analyze and draw conclusions about the whole, commonly used in research and quality control.
Critical Path
The shortest possible time in which an entire project can be completed if all project tasks go according to plan. It is the path ‘with no slack’.
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