Six Sigma Refers to a Statistically Based Philosophy That Aims

question 90

Multiple Choice

Six Sigma refers to a statistically based philosophy that aims to

• A)increase defects.
• B)lower productivity.
• C)increase the costs of value creation.
• D)eliminate waste.
• E)increase cost per unit.

---

Definitions:

Total Costs

The complete sum of all expenses incurred by a company in producing and marketing a product or service.

Paradox Of Voting

A situation where paired-choice voting by majority rule fails to provide a consistent ranking of society’s preferences for public goods or public services.

Majority Voting

A voting system in which the option that receives more than half of the votes wins, often used in elections and decision-making processes.

Median Voter

The voter positioned at the median of the preference spectrum, whose choices can represent the most typical or moderate viewpoint in the voting population.