Examlex
The process capability index is used only for p and c charts while the process capability ratio is used only for ??xbar and R charts.
Barriers To Entry
Factors that make it difficult for new firms to enter a market, such as high startup costs, strict regulations, or strong brand loyalty for existing products.
Industry Growth
The rate at which a specific industry expands its capacity, production, or market size over a period.
Buyer Power
The influence and negotiating power that consumers or purchasing agents have over sellers in an economic marketplace.
Decrease Buyer Power
Strategies or market conditions that reduce the negotiation leverage of buyers, enhancing the seller's position.
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