What is relationship between defect rate and process yield

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1. Provide an example based on your professional experience of a situation in which using a multiple regression model or nonlinear regression model may have helped your organization make a better decision.

2. What is the relationship between defect rate and process yield? Is it possible to improve a process without calculating its sigma value?

3. Describe the role of finance in process improvement. Explain the three points in the DMAIC cycle when finance needs to be involved.

Reference no: EM132114083

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