Answer the following statements true (T) or false (F)
1) The control chart used to measure the proportion defective is called the u chart.
2) The control chart used to count the number nonconforming in a consistent sample space is called the c chart.
3) Each point on the control chart represents data from samples that are plotted sequentially over time.
4) A process which is in control is always a capable process.
5) On a control chart, one data point out above the control limit is considered normal behavior.
1) FALSE
2) TRUE
3) TRUE
4) FALSE
5) FALSE
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Milo owns and manages a small bike repair store. In order to determine if strategic planning will be likely to help his business, Milo should primarily assess
A. how many competitors he has. B. foot traffic by his location. C. his profitability in the prior six months. D. industry trends. E. how much he intends to grow in the next five years.
In some U.S. states, disputes involving less than a certain amount of money automatically go to arbitration
Indicate whether the statement is true or false
What stage of the consumer buying decision process comes after problem recognition?
A. Selective exposure B. Psychological analysis C. Evaluation of alternatives D. Evaluation of the problem E. Information search
Which of the following is correct with regard to common stock?
A) The Revised Act has eliminated the terms "preferred" and "common." B) Common stock does not have any special contract rights or preferences. C) Common stock generally bears the greatest risk of loss in the event of the failure of the enterprise. D) All of these are correct with regard to common stock.