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kifflom [539]
2 years ago
13

Many organizations use the same process capability standard for all their products or services (e.g., 1.33), but some companies

use multiple standards: different standards for different products or services (e.g., 1.00, 1.20, 1.33, and 1.40). what reasons might there be for using a single measure, and what reasons might there be for using multiple standards
Business
1 answer:
Sloan [31]2 years ago
8 0

The reasons to use single measure and multiple standards are given below.

<h3>The reasons for using a single measure and multiple standards are:</h3>
  • The use of a single-item measure decreases the possibility of common method variance, which occurs when misleading correlations are seen due to the usage of the same response format rather than item content. Furthermore, the face validity of the single-item measure should not be overlooked.
  • Standards ensure the safety, quality, and dependability of products and services; they facilitate trade and safeguard our and the environment's health. Standards in business improve systems and processes by reducing waste, lowering costs, and ensuring uniformity.
  • Standards also help to rationalize and minimize production costs, which helps to meet consumer demands for low-cost services while retaining high quality.
  • Standards specify quality and minimum criteria and give accepted solutions for consumer, health, safety, and environmental protection.

Therefore, the reasons for using the single measures and multiple standards are given.

Know more about multiple standards here:

brainly.com/question/24553900

#SPJ4

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In _____, a defined target population is ordered in some way, usually in the form of a taxpayer roll, customer list, or membersh
Bezzdna [24]

In systematic random sampling, a defined target population is ordered in some way, usually in the form of a taxpayer roll, customer list, or membership roster, and selected systematically.

<h3>What is Sampling?</h3>

The sample is the group of individuals who will actually participate in the research.

There are two types of sampling methods:

Probability sampling

Involves random selection, allowing you to make strong statistical inferences about the whole group.

Non-probability sampling

Involves non-random selection based on convenience or other criteria, allowing you to easily collect data.

<h3>How many types of Probability Sample ?</h3>

There are four main types of probability sample:

  1. Simple random sampling
  2. Systematic sampling
  3. Stratified sampling
  4. Cluster sampling

<h3>What is Simple random sampling?</h3>

In simple random sampling (SRS), each sampling unit of a population has an equal chance of being included in the sample. Consequently, each possible sample also has an equal chance of being selected. To select a simple random sample, you need to list all of the units in the survey population.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

In _____, a defined target population is ordered in some way, usually in the form of a taxpayer roll, customer list, or membership roster, and selected systematically. Multiple choice question.

A. Simple random sampling

B. Systematic sampling

C. Stratified sampling

D. Cluster sampling

Learn more about Simple random sampling on:

brainly.com/question/13219833

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4 0
2 years ago
The challenge in process layouts is to arrange resources to maximize __________ and minimize ___________.
solong [7]
<span>efficiency, waste of movement</span>
4 0
3 years ago
Auerbach Inc. issued 4% bonds on October 1, 2021. The bonds have a maturity date of September 30, 2031 and a face value of $300
Kipish [7]

Answer:

C) $257,030,000

Explanation:

Auerbach's net bond liability on March 31, 2022:

  • we start with the beginning liability $255,369,000
  • plus interest accrued for six months = $255,369,000 x 6% x 6/12 = $7,661,070
  • minus cash paid = $300,000,000 x 4% x 6/12 = $6,000,000

net bond liability = $255,369,000 + $7,661,070 - $6,000,000 = $257,030,070 ≈ $257,030,000 rounded to the nearest thousand

4 0
3 years ago
What is the name for the decrease in value of a fixed asset as it gets used and worn out over time?
andre [41]
Depreciation is the name
8 0
3 years ago
Read 2 more answers
Technical Performance Measures should be selected for those parameters that: [Use Technical Performance Measures to track progre
elixir [45]

Answer:

The correct answer is letter "A": Are expected to have the highest degree of risk.

Explanation:

A Technical Performance Measure or TPM is an instrument that shows how well a program meets its specifications or goals. Technical Performance Measures are useful for risk tracking to identify the factors of an objective that can potentially affect the original plan of an organization.

5 0
3 years ago
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