Characteristics of Samples Are Known As

question 4

Multiple Choice

Characteristics of samples are known as:

• A)Concepts
• B)Parameters
• C)Statistics
• D)Estimations

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Definitions:

Benchmarking

Process of determining how well other companies perform business functions or tasks.

Quality Control

Measuring output against established quality standards.

Manufacturing Resource Planning

Manufacturing Resource Planning (MRP II) is an integrated method for effective planning of all resources of a manufacturing company.

Production Control

A business function that involves managing and directing the production process, ensuring products are produced efficiently, at the right quality, quantity, and cost.