Statistical Process Control Charts

question 220

Multiple Choice

Statistical process control charts:

• A) display the measurements on every item being produced.
• B) display upper and lower limits for process variables or attributes and signal when a process is no longer in control.
• C) indicate to the process operator the average outgoing quality of each lot.
• D) indicate to the operator the true quality of material leaving the process.
• E) are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.

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Definitions:

Parcel of Land

A specific piece of land, defined by boundaries, that is owned or meant to be owned as a unit.

Interest

The cost of borrowing money, usually expressed as a percentage of the amount borrowed over a specific period of time.

Fee Simple Absolute

A type of freehold ownership where the owner has the greatest possible aggregation of rights, privileges, and power over a piece of property.

Ownership Interest

This denotes the rights and claims an individual or entity has over a property or investment.