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1. Name three methods of system classification and typical examples.
Answer:
1. Volume/variety;
2. customer interaction/labour intensity;
3. Boulding's classification.
1 What advantages can statistical process control methods provide? 2 Explain the significance of common and assignable causes of variability for process control.
The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order
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