The construction and interpretation of control charts

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Reference no: EM132126899

1. What are the key concepts that underlie the construction and interpretation of control charts?

2. Why is order of observation important in process control?

3. Briefly explain the purpose of each of these control charts: a. x-bar b. Range c. p-chart d. c-chart

4. How would you determine the level of competitive intensity in an industry?

Reference no: EM132126899

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