Statement I $$overline X $$ chart, and chart and R chart are the techniques used for product control under statistical quality control.
Statement II Operating characteristic curve helps determine whether a particular acceptance sampling plan meets both the product's and the consumer's risk requirements.
A. Both statements are correct
B. Both statements are incorrect
C. Statement I is correct, but Statement II is incorrect
D. Statement I is incorrect, but Statement II is correct
Answer: Option D
This Question Belongs to Management >> Operations Research
A. Is possible when the variables value is known
B. Reduces the scope of judgement & intuition known with certainty in decision-making
C. Require the use of computer software
D. None of the above
A. Must be deterministic
B. Requires computer aid for its solution
C. Represents data in numerical form
D. All of the above
A physical model is example of.
A. An iconic model
B. An analogue model
C. A verbal model
D. A mathematical model
The qualitative approach to decision analysis relies on.
A. Experience
B. Judgement
C. Intuition
D. All of the above
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