Describe how the goal of “quality perfection” is approached by Six Sigma.
What will be an ideal response?
A successful answer will note that, due to process variation, quality perfection is impossible to achieve. However, effective perfection can be achieved by the Six Sigma standard of 99.99966 percent adherence to six sigma control limits. This results in a defect rate of about 3.4 defects per million opportunities.
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Distinguish between capital and revenue expenditures
The channel stops at the loading platform and what happens afterward is the buyer's responsibility
Indicate whether the statement is true or false
Expensive equipment manufacturers not only install the equipment but also train the staff and undertake the maintenance and repair activities of the equipment. By doing so, they are providing ________
A) payment equity B) value-augmenting services C) differential pricing D) facilitating services E) a primary service package
What is the difference between data mining and predictive analyses?
What will be an ideal response?