The Goal of Six Sigma Quality Standard Is to Detect

question 26

Multiple Choice

The goal of six sigma quality standard is to detect potential problems to prevent their occurrence and achieve no more than ________ defects per million opportunities.

• A) 2.3
• B) 3.4
• C) 4.3
• D) None of the above

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Definitions:

Inflation Rate

The rate at which the general level of prices for goods and services is rising, thereby eroding purchasing power.

Real Terms

Refers to economic indicators or values that have been adjusted for inflation, allowing for the comparison of quantities as if prices had not changed over time.

Deposits

Funds placed into an account at a financial institution for safekeeping, which may earn interest over time depending on the account type.

Coupon Bond

A type of bond that pays the holder a fixed interest rate (coupon) periodically until the maturity date, at which point the principal amount is repaid.