Examlex
If a company has 5,000 units that are 60% complete, the equivalent unit figure is 3,000.
System Reliability
The probability that a system will perform its intended function without failure under specified conditions for a designated period of time.
Redundant Check
A method of error detection which involves adding additional data or using duplication to ensure information accuracy and reliability.
Reliability Ratings
Measurements or estimates that indicate the dependability or consistency of a product, service, or system's performance.
6-Sigma Standards
A set of techniques and tools for process improvement that aims to reduce defects and variability in manufacturing and business processes.
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