The process of _____ might be used to determine the value of ...

[Caiter2013]

The process of _____ might be used to determine the value of smoothing constant that minimizes the mean squared error.
 a. quantization
  b. nonlinear optimization
  c. clustering
  d. curve fitting

Question 2

A company maintains a minimum of inventory of parts to keep its production process going. If there is any interruption in the delivery of quality parts, production stops until quality is restored. This company is using:
 a. competitive benchmarking.
  b. acceptance sampling.
  c. just-in-time manufacturing.
  d. random variation.
  e. a quality circle.

[jessicaduplan]

Answer to Question 1

B

Answer to Question 2

C