_____ is defined as the variation from the standard that is acceptable to the manager.
A) Control stock
B) Control tolerance
C) Control point
D) Control specification
E) Control ratio

Question

Quizplus · Accepted Answer

Control tolerance is the acceptable range of variation from the standard that is allowed by the manager. This means that the manager has set specific limits for acceptable variation in order to maintain control over the process or system. Control stock refers to the amount of inventory that is held in order to ensure that there is enough product available to meet demand. Control point refers to a specific point in the process where a check or measurement is taken to ensure that the system is working as expected. Control specification refers to the set of criteria or standards that are used to evaluate the performance of the system or process. Control ratio is not a relevant term in this context.

_____ Is Defined as the Variation from the Standard That