An Illustration That Resembles the Bone Structure of a Fish

question 103

Multiple Choice

An illustration that resembles the bone structure of a fish and identifies potential reasons why a problem exists is called ________.

• A) control chart
• B) Pareto diagram
• C) cause-and-effect diagram
• D) time-series graphs

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Definitions:

Average Total Cost

The total cost divided by the quantity produced, calculating the per-unit cost of production.

Variable Cost

Charges that adjust in alignment with the volume of production or output levels.

Total Cost

The sum of fixed and variable costs incurred in the production of goods or services.

Fixed Costs

Costs that do not change with the level of output or production, such as rent, salaries, and loan payments.