Six Sigma
Six Sigma Finance Definition
A
management philosophy that the Motorola company developed to eliminate errors
in their production process. Six Sigma calls for setting very high objectives,
collecting data, and analyzing results to reduce errors. The theory behind Six
Sigma is that if the number of defects in a process can be measured, a system
can be devised to remove them. In order to achieve Six Sigma standards, there
cant be more the 3.4 defects per million. The Greek letter sigma can be used
to indicate a variation from a standard.
Browse dictionary entries near Six Sigma
- six-shooter
- six-pack
- Six Nations
- six
- Sivas
- Sivan
- Sivaism
- Siva
- sitzmark
- sitz bath
- sixfold
- sixpence
- sixpenny
- sixteen
- sixteenmo
- sixteenth
- sixteenth note
- sixth
- sixth form
- sixth sense
