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iragen [17]
3 years ago
5

Which of the following statements regarding "Six Sigma" is TRUE? The Six Sigma program was developed by Toyota in the 1970s Six

Sigma means that about 94 percent of a firm's output is free of defects The Six Sigma program is for manufacturing firms and is not applicable to services Six Sigma certification is granted by the International Standards Organization (ISO) The term has two distinct meanings–one is statistical; the other is a comprehensive quality system
Business
1 answer:
mestny [16]3 years ago
5 0

Answer:

The term has two distinct meanings–one is statistical; the other is a comprehensive quality system.

Explanation:

Here, the point fact states that it will take a six standard deviation from the mean for an error to happen.

Six Sigma evolved to define numerous ideas within the business sphere and is sometimes confusing. Firstly, it's a statistical benchmark. Any business process, which produces less than 3.4 defects per 1 million chances is said to be efficient. A defect is anything produced outside of consumer satisfaction. Second, it is a training and certification program, which teaches the core principles of Six Sigma. Practitioners may achieve the Six Sigma certification belt levels, ranging from white belt to black belt. Finally, it's a philosophy, which promotes the idea that all business processes can be measured and optimized.

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3 years ago
In today’s world, the possibility of attack by outside agencies has ___________ dramatically.
Dvinal [7]

In today’s world, the possibility of attack by outside agencies has <u>increased</u> dramatically.

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5 0
2 years ago
At the strategic level of planning, managers must pay attention to the environment outside the organization, be future oriented,
seraphim [82]
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3 0
3 years ago
The direct write-off method is used when: Multiple Choice Uncollectible accounts are not anticipated or are immaterial. A compan
stellarik [79]

Answer:

The correct answer is letter "B": A company elects to use this method as one of several alternatives.

Explanation:

The direct write-off method is one of two main approaches used to recognize bad debts being the other the allowance method. Using the direct write-off method implies straight recognizing an account as uncollectible as soon as the firm determines there will not be payment for it. There is no allowance account created for the debt. The bad debt, in either case, diminishes the company's period revenue.

4 0
3 years ago
Pepsico's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inve
Mandarinka [93]

Answer:

The inventory forecast for next year is $ 120.4.

Explanation:

In this question relationship between sales and inventory is expressed in the form of an equation. This problem requires us to tell the value of inventory if sales is $ 400. So we can simply calculate the inventory value by putting value of x= 400 in the equaltion given in the question.

Inventories = $26.8 + 0.234 x

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Inventories = $ 120.4

(<em>Assume sales increase is due to increase in quantity sold not price</em>)

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3 years ago
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