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atroni [7]
3 years ago
9

Describe the similarities and differences between TQM and Six Sigma quality-management techniques.

Business
1 answer:
hoa [83]3 years ago
6 0

Answer:

Explained below:

Explanation:

The basic similarity between TQM and Six Sigma quality-management techniques is that each one is a quality control approach and the basic difference between Six Sigma and TQM is the method that each one addresses quality check.TQM determines quality up to that level to which a product attends standards designed inside the company while Six Sigma trades the representation of quality to a relational one, maintaining that quality is based on the fewer number of lacks, which is necessary to be eliminated as much as attainable.

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You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments wi
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Answer:

Present value= $3,642,651.54

Explanation:

Giving the following information:

You have just won the lottery and will receive $530,000 in one year. You will receive payments for 25 years, and the payments will increase by 4 percent per year. The appropriate discount rate is 10 percent.

First, we need to calculate the final value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment= 530,000

i= 0.04 + 0.10= 0.14

n= 25

FV= {530,000*[(1.14^25)-1]}/0.14

FV= 96,391,538.43

Now, we can calculate the present value:

PV= FV/(1+i)^n

PV= 96,391,538.43/ (1.14^25)

PV= $3,642,651.54

7 0
3 years ago
Are responsible for verifying accuracy of their organization''s internal records and validating the accounting procedures.
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INTERNAL AUDITORS are responsible for verifying accuracy ..........................
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3 years ago
In studying problem solving behavior in kittens, Thorndike used which term to describe behaviors they displayed to escape an enc
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Answer:

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Explanation:

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2 years ago
Opinion polling and market research are examples of stratified random sampling.
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