A process capability index above 1 means that the process variability

A) just meets specifications and the process is minimally capable.
B) is tighter than specifications and the process exceeds minimal capability.
C) is outside the range of specification, the process is not capable of producing within specification, and the process must be improved.
D) is none of the above.

B

Business

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For a business, a supplier

A. is a company or individual that owns shares of the business. B. is a company or individual to whom the business sells goods or services. C. provides goods and services used by the business. D. makes loans to the company to help finance its activities.

Business

Which of the following techniques uses an estimate of the eventual penetration rate, an estimate of the ultimate repeat rate, and an estimate of the relative product category usage rate of buyers of the new brand to determine eventual market share?

A) Parfitt-Collins model B) Boston Consulting Group Matrix C) Porter's Five Forces model D) GE's industry analysis evaluation

Business