Usually, industrial use of standard deviation is involved in quality control and testing. A product such as cement, is produced in batches, and I assume, requires periodic testing to ensure consistent properties. The sample test variations can be evaluated using standard deviation. If the standard deviation is high, it is likely that inferior product could be shipped. Probability analysis can determine the chance that product below certain standards would be shipped.
A component pre-prepared that can be used when producing a new product. Eg. a standard component may be a pre-made pastry case you would use if producing a new line of flans.
One off production is when a craftsman creates a single unique product from a specified design. It is often labour intensive and very expensive. However the product produced would be the only one in the world and finished to a high standard.
The probability is 0.277... (repeating).
(1/2*-1/4)*(5x^2-2x+6) = -0.625x^2+0.25x-0.75
Ax+By=C
There is a standard manufacturer warranty for this laptop for one year.
Is maintaining high prices and cutting down on supply a standard for any type of product.
Multiply them as you would any two numbers. However, you should note that the standard deviation of a product of two variables is not the product of their standard deviations. That is, SD(XY) ≠SD(X)*SD(Y)
A standard.
1.Standard Operating Procedure 2..Sum oF Product 3. Standard Operating Principle
Standard costing is process of determining the standard price require to produce one unit of product while actual costing system uses the actual prices of manufacturing one unit of product.
It will take less than 15 seconds to open a standard soup can.
GOLD STANDARD It is the MOST DESIRABLE, BEST ATTRIBUTES of a product that makes it HIGHLY ACCEPTABLE to our customers.
Developing standerized product marketed world wide with a standerized marketing mix. OR Selling essentially the same product in the same market across the world
No this exercise bike would not be able to fit under a standard height bed.
Isopure and gold standard