Answer the following statements true (T) or false (F)
1. Sigma quality level indicates how frequently a process can be expected to deliver products of good quality.
2. Product returns are higher as a consequence of a high sigma level of quality.
3. Two landing errors at major airports every day indicate a 99.9% defect rate.
4. With regard to Six Sigma training, Master Black Belts check that Six Sigma efforts are applied consistently across an organization.
1. True
2. False
3. True
4. True
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Most states require employers to provide workers' compensation insurance for employees killed or injured on the job
Indicate whether the statement is true or false
The amount of cash received on issuance of a 9 percent, $10,000 bond dated February 1 and issued June 1 at 102 1/2 is
a. $10,300. b. $11,100. c. $10,200. d. $10,550.
In which of the following situations is the adoption of a survival pricing objective most
appropriate? A) An electronics maker is introducing a top -of-the-line LCD television range that incorporates the latest in 3D technology. B) An automobile firm that specializes in mid-range sedans wishes to project itself as a maker of inexpensive, yet luxurious cars that can match more expensive supercars. C) A wholesaler has a large stock of processed foods left unsold after a hurricane alert turned out to be misplaced. D) A furniture maker is setting up a new store in an up -and-coming neighborhood in the affluent part of the town.
Who among the following are exempt from child labor restrictions in the United States?
A) children who work as newspaper deliverers B) children who work at restaurants or fast-food stalls C) children employed in the performing arts D) children employed in gasoline stations