The ________ Is the Series of Work Actions That Add

question 99

Multiple Choice

The ________ is the series of work actions that add value to a product as it is being transformed from inputs to finished product.

• A)supply chain
• B)value chain
• C)output chain
• D)input chain

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Definitions:

Null Hypothesis

A statistical hypothesis that assumes no significant difference or effect exists within a certain set of observations.

Significant Difference

A statistical measure indicating that the observed difference between two datasets is likely not due to random chance.

Confidence Interval

An assortment of values, coming from statistical review of samples, aiming to envelop the value of an unspecified population parameter.

Margin Of Error

An expression of the amount of random sampling error in a survey's results, which indicates the range within which the true value lies with a certain degree of confidence.