it is costing technique
2007-04-06 01:30:52 · 4 answers · asked by rocky 1 in Business & Finance ➔ Other - Business & Finance
Nopes, it is a metric via which you evaluate the effectiveness of processes defined within the organisation. Six-sigma demands for atmost 3.4 defects only for every one-million opportunities/chances. i.e. only 3.4 mistakes are tolerable for every million tries.
If an organisation is six-sigma that means that its' process are such designed that it meets the six-sigma criterion.
2007-04-06 01:49:48 · answer #1 · answered by Ravan 1 · 0⤊ 0⤋
Six Sigma, thankx to Bill smith and Motorola who pioneered it in 1986, is a system of metric practices for measuring defects and improving quality and a method to reduce defects levels below 3.4!
2007-04-06 09:45:23 · answer #2 · answered by ulanzi 3 · 0⤊ 0⤋
A way to improve processes by eliminating defects
2007-04-06 08:35:03 · answer #3 · answered by Ralfcoder 7 · 0⤊ 0⤋
it's a useless costing technique.
2007-04-06 08:38:34 · answer #4 · answered by Anonymous · 0⤊ 0⤋