Examlex
Instruction 18-13
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 18-13,an R chart is to be constructed for the number of blemishes.One way to create the upper control limit involves multiplying the mean of the sample ranges by D4. For this data set,the value of D4 is ________.
Price Elastic Demand
Describes a situation where the quantity demanded of a good or service significantly changes in response to a change in its price.
Close Substitutes
Goods or services that can serve as replacements for each other with little loss of utility to the consumer.
OPEC Oil Cartel
An international organization of oil-producing countries that coordinates and unifies the petroleum policies of its member states to stabilize oil markets and prices.
Inelastic
Describing demand that does not significantly change with the price changes of a good or service.
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