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The goal of producing near perfection with less than 3.4 defects per one million opportunities is called

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The answer to this question is the term Six Sigma Quality. A Six Sigma Quality is a term that has the objective / goal in achieving a near perfect quality that is based on six process standards. In sic sigma they use statistical tools to convert the raw data into an information that is based from the evaluation of the processess.
User AlanSE
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