Economic advantage of statistical process control, Operation Management

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Economic Advantage of Statistical Process Control

Since only samples of the output are measured, the cost of the measurement is substantially less than if all of the output were measured. Further, SPC has been shown to be more effective: research has found that 100 per cent inspection by manual methods can miss as many as 30 per cent of the defects being sought.


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OR, Explain OR Models

Explain OR Models

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