A Three Sigma Program Has How Many Defects Per Million

question 48

Multiple Choice

A Three Sigma program has how many defects per million?

• A)34
• B)3
• C)3 times the standard deviation
• D)2700
• E)1500

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Definitions:

Inventory Shrinkage

The loss of products between point of manufacture or purchase from supplier and point of sale, often due to theft, damage, or administrative errors.

Sales Tax

A tax on sales or on the receipts from sales, usually added to the consumer's purchase price and collected by the retailer.

Service Charge

A fee collected for services provided, often added to transactions in finance, hospitality, or banking.

Condensed Income Statements

Simplified financial statements that summarize the revenue, costs, and expenses incurred during a specified period, showing the net income or loss.