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BUS 515 Final Exam Part 1

First part of the final exam testing managerial and business strategy concepts.

Olivia Parker
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BUS 515 FINALEXAMPART 1Chapter 6Multiple Choice Question 19What measures the central tendency of a set of data?Coefficient of variationVarianceStandard deviationMeanRangeMultiple Choice Question 39Consider a p-chart measuring the percentage of defective light bulbs. If the LCL is .04 and a sample has 1% defects, what is theimplication?The process is in a state of control.The process is out of control even though the variation is “good.”Thevalue of sigma must be increased.The process has too many errors.A calculation error must have occurredMultiple Choice Question 16An OC curve is an example of what?Traditional statistical toolsFishbone diagrammingAcceptance samplingExperimental designStatistical process controlMultiple Choice Question 25On a control chart, what separates common from assignable causes of variation?x-bar linesControl limitsSpecification limitsProduction limitsMean divided by standard deviationMultiple Choice Question 41What are preset ranges of acceptable quality characteristics?Control limitsProduct specificationsSix-sigma limitsAQC limitsR-chart limitsChapter 7

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Document Details

University
University of Phoenix
Course
BUS 515
Subject
Business Management

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