The Causes of Variation in Statistical Process Control Are

question 57

Multiple Choice

The causes of variation in statistical process control are:

• A) cycles, trends, seasonality, and random variations.
• B) producer's causes and consumer's causes.
• C) mean and range.
• D) natural causes and assignable causes.
• E) Type I and Type II.

---

Definitions:

Financial Performance Measures

Metrics used to assess a company's financial health, including profitability, liquidity, and solvency ratios.

Non-Financial Performance Indicators

Metrics used to assess the performance of a business not directly related to financial figures, such as customer satisfaction and employee turnover rates.

Quality Measure

A standard or metric used to assess the degree of excellence of a product, service, or process.

Machine Downtime

The period during which a machine is not operational or productive, often due to maintenance, repairs, or technical failures.