Examlex
The focus for a process improvement exercise should be on balancing:
AOQ Curve
A graphical representation depicting how the Average Outgoing Quality changes in relation to the fraction of products inspected or the effectiveness of the screening process.
Population Defective Rate
A measure in quality control that indicates the percentage of items in a population that are considered to be defective.
Tolerance Limit
The maximum and minimum allowable limits within which a product or service's characteristics must fall to be considered acceptable.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, indicating how much they deviate from the average.
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