Examlex
Six Sigma's goal is only 1.4 defects or mistakes per million operations.
Standard Costs
Predetermined costs for material, labor, and overhead used as benchmarks against which to compare the actual production costs.
Direct Material
Raw materials that are directly traced and assigned to the production of a specific product.
Materials Quantity Variance
The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit of material.
Kilos
A metric unit of mass equal to one thousand grams, commonly used for measuring weight in many countries.
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