Jayden is the Quality Control Manager and has been asked to evaluate the quality of the new electric cup holders manufactured at her company. She wants to establish statistical process control procedures to monitor the processing variation but is unsure which tool or method to use. Describe and illustrate with examples, how to select a SPC method and apply it to accomplish this goal.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.