Examlex
A dispenser of yogurt fills cups with an average of 4 ounces with a standard deviation of 0.25 ounces.Determine the centerline,lower and upper control limits for a 3-sigma mean chart when sample size is 9 cups.
Centerline = ____________________
Lower value = ____________________
Upper value = ____________________
Franchising
A business model in which a company (the franchisor) allows an individual (the franchisee) to operate a location of their brand, sharing methods, trademarks, and support in exchange for fees and adherence to brand standards.
Business Ownership
This pertains to the legal possession and responsibility of a business entity.
Large Company
A corporation or enterprise that operates on a large scale in terms of revenue, employees, or market presence.
Franchisors
Companies or individuals that grant the license to a third party for the conducting of a business under their brand and name.
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