The defect rate in a Six Sigma process is about ________ per million parts.
Fill in the blank(s) with the appropriate word(s).
Answer: 3.4
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To prop up a currency, a country must
A. reduce its interest rates. B. limit the movement of capital. C. use its reserves to purchase its own currency in the foreign-exchange market. D. sell its gold stock.
Historically, the cost of quality has been
a. included in account balances for items such as Work in Process Inventory and marketing expenses. b. detailed in various "cost of quality" account balances on the Income Statement. c. immaterial because no accounts were developed to detail these amounts. d. generally spent in the prevention rather than the appraisal category.
Which of the following is not a definition of the minimum required rate of return?
a. the discount rate b. the accounting rate of return c. the hurdle rate d. the cost of capital e. All of these are definitions.
When IDEO studied Chicago’s commuters for the Ford Company, what did they learn about the commuters?
a. Commuters had specific and similar needs. b. There were three distinct groups of commuters with different needs. c. Speed was preferred over comfort. d. Commuters had asked for phone apps to help them with their commutes.