A sunk cost is a cost that was incurred in the past and cannot be changed regardless of what future action is taken

A barbecue sauce producer makes their product in an 80-ounce bottle for a specialty store. Their historical process mean has been 80 ounces and their tolerance limits are set at 80 ounces plus or minus 1 ounce

What does their process standard deviation need to be in order to sustain a process capability ratio of 1.66? A) 0.10 B) 0.20 C) 0.25 D) 0.33

Once you have a lot of compiled user generated information collected through the web, it is immediately available for use in a knowledge management system

Indicate whether the statement is true or false