A Company Produces a Product Which Is Designed to Weigh

question 70

Multiple Choice

A company produces a product which is designed to weigh 10 oz. ,with a tolerance of + 0.5 oz.The process produces products with an average weight of 9.95 oz.and a standard deviation of 0.10 oz.The process capability index for this process is

• A)1.50
• B)−1.50
• C)1.83
• D)−1.83

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Definitions:

Market Allocation

A method of distributing goods and services among buyers and sellers wherein prices are determined by supply and demand forces in the market.

Regulatory Agencies

Governmental bodies responsible for overseeing, implementing, and enforcing laws and regulations within specific sectors.

Secondary Effects

The indirect impact of an event or policy that may not be easily and immediately observable. In the area of policy, these effects are often both unintended and overlooked.

Future Crises

Potential, unforeseen events that could lead to severe economic, social, or environmental problems.