A Cpk Index of 1

question 69

Multiple Choice

A Cpk index of 1.00 equates to a defect rate of

• A)5%.
• B)3.4 defects per million.
• C)2.7 per 1,000 items.
• D)97.23%.
• E)1%.

---

Definitions:

Importing Country

A country that buys goods and services from other countries to meet domestic demand that cannot be met by internal production.

Specific Tariff

A fixed fee imposed by a government on a particular kind of imported or exported goods, based on quantity, rather than value.

Government Revenue

The income earned by the government from taxes, fees, and other sources to finance its operations.

World Price

The global market price of a commodity, determined by supply and demand factors on an international scale.