The Six in Six Sigma refers to the ________
A) number of standard deviations from a specification limit to the mean of a highly capable process
B) number of means from a specification limit to the standard deviation of a highly capable process
C) number of variances from a specification limit to the mean of a highly capable process
D) number of means from a specification limit to the variances of a highly capable process
E) number of means from zero of a highly capable process
A
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A firm has current assets of $350,000, current liabilities of $200,000, cost of goods sold of $250,000, and inventory of $75,000. The firm's inventory turnover is
A) 5.0 times. B) 3.3 times. C) 2.7 times. D) 2.0 times. E) 4.7 times.
What decision-making tool provides a visual representation of decisions and their effects on outcomes, cost, and risks?
a. analytical hierarchy process b. internal rate of return c. Monte Carlo simulation d. decision trees