Industrial Engineering and Production Management
The process capability of a machine is defined as the capability of the machine to

Holds a definite spectrum of tolerance and surface finish
Perform definite number of operations
Produces a definite volume of work per minute
Produce job at a definite spectrum of speed

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Industrial Engineering and Production Management
Slack represents the difference between the

Latest allowable time and the normal expected time
Latest allowable time and the earliest expected time
Normal allowable time and the latest expected time
Proposed allowable time and the earliest expected time

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