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Instruction 18-8
A supplier of silicone sheets for producers of computer chips wants to evaluate her manufacturing process. She takes a sample size of five from each day's output and counts the number of blemishes on each silicone sheet. The results from 20 days of such evaluations are presented below. She also decides that the upper specification limit is 10 blemishes.
-Referring to Instruction 18-8,based on the chart for the number of blemishes,it appears that the process is out of control.
Future
A term referring to events that have not yet occurred or the time period in which these events will happen.
Market
A place or system where buyers and sellers interact to exchange goods, services, or information, determining prices through supply and demand.
Competitive Market Economy
An economic system where businesses compete freely without undue interference, allowing supply and demand to determine prices and outputs.
Entrepreneur
An individual who organizes and operates a business, taking on greater than normal financial risks in order to do so.
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