Asked by Allyson Welch on Jun 14, 2024
Verified
Statistical quality control is the use of statistical techniques to:
A) improve profit margins.
B) determine appropriate debt levels.
C) help make good investment decisions.
D) All of the options listed
E) None of the options listed
Statistical Quality Control
Measures work samples for compliance with quality standards. It is the term used to describe the set of statistical tools used by quality professionals.
Statistical Techniques
The mathematical methods used to collect, analyze, interpret, and present data, often for the purpose of making informed decisions or predictions.
- Gain insight into quality control and its impact on operations management.
Verified Answer
CM
Charles MwansaJun 14, 2024
Final Answer :
E
Explanation :
Statistical quality control primarily focuses on monitoring and controlling processes to ensure that the quality of products and services meets a certain standard. It does not directly involve improving profit margins, determining appropriate debt levels, or making investment decisions, although indirectly, quality control can impact these areas by ensuring product quality and customer satisfaction.
Learning Objectives
- Gain insight into quality control and its impact on operations management.
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