In Scenario 18-1 Above,Ron's Rifles Decides to Use the Tolerance

question 69

Multiple Choice

In Scenario 18-1 above,Ron's Rifles decides to use the tolerance range of six sigma.This means there will be ____ defects per ____.

• A) 2.5,1,000
• B) 6,1,000
• C) 3.4,1,000,000
• D) 4.5,1,000,000

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Definitions:

Market System

A system of economics where the choices about investment, production, and distribution rely on the principles of supply and demand, and the pricing of goods and services is established freely in the market.

Business Risk

The potential for losses or less than expected returns stemming from the operational aspects of a business.

Macroeconomy

The study of the performance, structure, and behavior of an economy as a whole, including total national income, GDP, and inflation rates.

Market System

A financial structure in which the choices about investment, production, and allocation are directed by the pricing cues generated by supply and demand dynamics.