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A process capacity methodology that is used to show how well parts being produced fit into a range specified by design limits is which of the following?
Answers-
a. Answer not present
b. Producer's risk
c. Consumer's risk
d. Capability index
e. AQL
Complete additional investigation on the JIT and EOQ models. Discuss which of the two inventory models is better and why: Economic Order Quantity or Just-in-Time?
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A technique that uses a series of probability distributions and then transforms them into various risks is called: Answer Probability estimating Monte Carlo simulation
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outsourcing as external source of capacity
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Which of the following probability distributions cannot be simulated ?
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