At a UTC Facility the Quality Control People Sample 5

question 163

Multiple Choice

At a UTC facility the quality control people sample 5 percent of the finished Carrier air conditioners to check for adherence to more than 25 quality standards.This is an example of

• A) benchmarking.
• B) acceptance sampling.
• C) in-process sampling.
• D) conformance sampling.
• E) outsourcing.

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Definitions:

Semiannual Coupon

A bond or fixed-income security payment made to its holder twice a year as interest for the investment.

Coupon Rate

The interest rate stated on a bond or other fixed-income security that the issuer promises to pay the holder until maturity.

Formulation

The process of creating a strategy, plan, or method for dealing with a specific issue or for achieving a specified goal.

Return

The gain or loss on an investment over a specified period, expressed as a percentage increase over the initial investment cost.