Six Sigma Quality Is Based on a Statistical Measure That

question 1

True/False

Six Sigma quality is based on a statistical measure that seeks to achieve at most 3.4 errors or defects per million opportunities.

---

Definitions:

Elastic Segment

A portion of the demand curve where the quantity demanded is highly sensitive to changes in price.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity of it that consumers are willing to purchase at various prices.

Total Revenue

The total income received by a company from its sales of goods or services before any expenses are subtracted.

Output Range

The spectrum of quantities of goods or services that a company can produce under certain conditions or within a specified period.