Answer (1)
21st Nov, 2022
PM, or 1/1,000,000, stands for one (defect or event) in a million, according to Rapidtables. Previously, suppliers were deemed to be of high quality if their failure rate was less than 10,000 PPM or 1%. Nowadays, nevertheless, it's expected that the supplier failure rate will be below 25 PPM or 0.0025%.
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