A Common Process-Level Measurement,extensively Used in Six Sigma Environments,is _____

question 2

Multiple Choice

A common process-level measurement,extensively used in Six Sigma environments,is _____ - the probability that a unit can pass through a series of process steps without defects.

• A)zero defects
• B)zero deviance
• C)rolled throughput yield
• D)normalized yield

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Definitions:

Elasticity

A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in its price.

Price of a Resource

The monetary value assigned to a raw material, energy, or other fundamental inputs used in the production of goods and services.

Substitute Inputs

Alternatives that can be used in the production process if the original inputs become too expensive or unavailable.

Consumers

Individuals or groups who use goods and services to satisfy their personal needs and desires.