Reduce the Defect Rate of a Manufacturing Process by 5

question 14

Multiple Choice

Reduce the defect rate of a manufacturing process by 5% over the next 6 months.This example is an illustration of which of the following steps involved in a systematic decision-making process?

• A)Define the specific and measurable objectives the decision needs to accomplish.
• B)Determine the best decision-making tool to use.
• C)Evaluate each alternative solution.
• D)Monitor the results.

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Definitions:

Franchised Businesses

Companies that grant licenses to individuals or entities, allowing them to operate a branch of the business using its brand, systems, and support.

Exclusive Rights

Special privileges granted to an individual or organization, allowing them to be the sole party with the legal right to use, produce, or sell a particular product or service.

Franchisee

An individual or company that has been granted the right by a franchisor to use a specific business trademark, model, or formula in a particular location.

Royalties

Payments made to the owners of intellectual property, such as authors and inventors, for the use of their work.