Six-Sigma Programs Involve Both _____ and _____ Components

question 27

Multiple Choice

Six-sigma programs involve both _____ and _____ components.

• A)probabilistic; deterministic
• B)logistical; managerial
• C)statistical; probabilistic
• D)managerial; technical
• E)local; global

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Definitions:

Reserve Requirements

The minimum proportion of customer deposits and notes that a bank must hold as reserves rather than lending out, as mandated by central banking authorities.

Government Bonds

Securities issued by a government to finance its expenditures, offering regular interest payments and the return of the original investment at maturity.

Demand Deposits

Bank accounts that allow the withdrawal of deposited money at any moment, without the need to notify the bank beforehand.

Loans

A sum of money that is borrowed, which is expected to be paid back with interest.