Homework Answers
Ans ) Minimize the probability and severity of loss (option 1)
Reason - Loss prevention reduces the probability of the loss and control makes sure that the severity of the loss if occurs is minimized.
Other options specify about lowering the probability of the loss and don't tell about reducing the severity of the loss.
So, Option 1 is the right answer.
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a. GRAPH
b. histogram
c. pareto diagram
d. scater diagram
e. cause and effect
f. control chart
g. check sheet
.
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Which option is correct?
a. GRAPH
b. histogram
c. pareto diagram
d. scater diagram
e. cause and effect
f. control chart
g. check sheet
.
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