The process capability index (Cp/Cpk) Is the mean divided by the square of the standard deviation (variance) Is the ratio of the range of values produced divided by the range of values allowed Is the ratio of the range of values allowed divided by the range of values produced Defines the mean and standard deviation of the process Should be = 0.5 for a capable process Should be < 1 for a capable process

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Question

The process capability index (Cp/Cpk)

Is the mean divided by the square of the standard deviation (variance)

Is the ratio of the range of values produced divided by the range of values allowed

Is the ratio of the range of values allowed divided by the range of values produced

Defines the mean and standard deviation of the process

Should be = 0.5 for a capable process

Should be < 1 for a capable process

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