Discuss about statistical process control


Assignment:

The statistical process control (SPC) is a statistical method of monitoring standards, taking measurements, and taking corrective action as products or services are being produced. Using environmental factors and the five M's--machines used, materials, methods of instruction, measurements taken, and manpower--how would these affect processes in the following areas?

1. A Hardware store

2. An Emergency room

3. Accounting firm

4. Car dealership

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Microeconomics: Discuss about statistical process control
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