
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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What is process capability? Explain the difference between specification limits and process control limits. Consider a process with lower process control limit as 1.335 and upper process control limit as 1.345. The lower specification limit is 1.338 and upper specification limit is 1.342. Using a diagram, comment on whether the process is capable of meeting requirements.
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