BUS 515 FINAL EXAM
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BUS 515 FINAL EXAM
Description:
Chapter 6
Multiple Choice Question 19
What measures the central tendency of a set of data?
Coefficient of variation
Variance
Standard deviation
Mean
Range
Multiple Choice Question 39
Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is the implication?
The process is in a state of control.
The process is out of control even though the variation is “good.”
The value of sigma must be increased.
The process has too many errors.
A calculation error must have occurred
Multiple Choice Question 16
An OC curve is an example of what?
Traditional statistical tools
Fishbone diagramming
Acceptance sampling
Experimental design
Statistical process control
Multiple Choice Question 25
On a control chart, what separates common from assignable causes of variation?
x-bar lines
Control limits
Specification limits
Production limits
Mean divided by standard deviation
Multiple Choice Question 41
What are preset ranges of acceptable quality characteristics?
Control limits
Product specifications
Six-sigma limits
AQC limits
R-chart limits
Chapter 7
Multiple Choice Question 26
According to JIT, __________ is carried to cover up a wide variety of problems, such as poor quality, demand uncertainty, and slow delivery
