Smaller variances signal that operations are close to target and do not require management's immediate attention.

Name: Smaller variances signal that operations are close to target and do not require management's immediate attention.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Smaller variances indicate that operations are performing close to the target and therefore do not require management's immediate attention. This is because they are within an acceptable range of deviation from the target, and the process is considered stable.

Smaller Variances Signal That Operations Are Close to Target and Do