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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1290 |
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This precision allows for rate of the process to be increased resulting in substantially higher production. Increased production results in lower overhead costs and higher revenues.
Additionally analyzing a process allows for measuring elements to be implemented. If the measuring elements are placed at the right locations within the process, then the uncertainty of the process can be revealed...
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If the measuring elements are placed at the right locations within the process, then the uncertainty of the process can be revealed. Hence, a set of contingency plans can be enacted to mitigate the source of the uncertainty. Finding the exact location of the error and exactly what the error is, will allow for the process to be improved and the overall quality of the product to increase...
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