The Six Sigma Process of Define,measure,analyze,improve,and Control (DMAIC)is

question 12

Multiple Choice

The Six Sigma process of define,measure,analyze,improve,and control (DMAIC) is

• A)an improvement system for existing processes falling below specification and needing incremental improvement;the DMAIC process is a particularly good vehicle for improving performance when there are wide variations in how well an activity is performed.
• B)an improvement system used to develop new processes or products at 100 percent defect-free levels.
• C)a system of statistical procedures for achieving 100 percent control over how a task is performed.
• D)an improvement system used to develop new processes or products at Six Sigma levels.
• E)a system of statistical procedures for eliminating 100 percent of the variability in how a task is performed.

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Definitions:

Solvency Measure

Financial metrics used to evaluate a company's ability to meet its long-term debts and financial obligations.

Long-term Basis

An approach or strategy focused on goals, investments, or plans that extend beyond the immediate or short-term period.

Accounts Receivable Turnover

A ratio that measures how effectively a company collects its receivables or the efficiency of its credit policies.

Working Capital

The difference between a company's current assets and current liabilities, indicating short-term financial health and operational efficiency.