Examlex
In Six Sigma,a problem is defined as a deviation between what should be happening and what actually is happening that is important enough to need correcting.
Subjective Utility
An individual's perceived value or satisfaction obtained from choosing a particular action, often used in economic and psychological models of decision making.
Expected Value
Is the predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.
Service Contract
A legally binding agreement between two or more parties where one agrees to provide a specified service to the other for a payment.
Peace of Mind
A state of mental and emotional tranquility, free from stress or worry.
Q17: If the cost of a Type II
Q25: Maple Products is a manufacturer of electronic
Q31: Unlike strategic change,process change is often:<br>A)externally focused.<br>B)broader
Q31: Response time is an example of a:<br>A)service
Q35: Practical guidelines for designing a performance measurement
Q35: At a Six Sigma quality level,if the
Q40: Considering the labor base index _ often
Q42: Explain how the concept of the "learning
Q52: The Six-Sigma problem solving approach contains the
Q65: _ includes ethics,corporate governance,and protection of public