The Popularity of Excel and Other Data Analysis Software Has

question 68

True/False

The popularity of Excel and other data analysis software has been a major factor in the increased use of statistical process control.

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Definitions:

Supply Chains

The entire network of entities involved, directly or indirectly, in serving a customer with a product or service.

Responsive

The ability to quickly and accurately react to changes or inputs, often used in the context of web design or customer service.

Efficient

Achieving maximum productivity with minimum wasted effort or expense, often related to the optimal use of resources.

Aggregate Forecasts

Predictions made about future demand, sales, or other financial metrics, based on historical data and analysis of market trends, on a collective basis.