1.

Process Capability Analysis provides information about _______

the probability of the mean to be equal to the LSL.

the probability of the mean to be equal to the USL.

the ability of the operator to remove the variability.

the ability of the process to manufacture the products that meet the specifications.

2.

Which of the following is true about the basic model for inventory control?

Annual Inventory holding cost increases with order size.

Annual ordering cost decreases with order size.

All the other three statements are true.

Economic Order Quantity minimizes total annual cost of inventory.