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In the game of Parcheesi each player rolls a pair of dice on each turn. In order to begin the
game, you must roll a five on at least one die, or a total of five on both dice. Find the
probability that the player does not get to begin the game on either the first or the second
rolls.
Customer Value
How a customer views the value of a product or service as opposed to the alternatives they might consider.
Quality Costs
The expenses associated with preventing, detecting, and correcting defective work, categorized into prevention, appraisal, and failure costs.
Total Quality Management
A comprehensive management approach focusing on continuous improvement in all organizational processes, aiming for long-term success through customer satisfaction.
Target Selling Price
The price at which a company aims to sell its product or service, determined by factors such as cost, market demand, and competition.
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