The defect rate for mortgages grew significantly across all loan types in the second quarter of 2024, continuing a trend seen in the first quarter. The share of loans with defects grew to 1.81%, ...
The overall defect rate for mortgages declined across all loan types between the second and third quarters of 2024. But errors related specifically to insurance increased significantly, growing to ...
Business competition pressures manufacturers to produce faster, reduce expenses, and increase efficiencies. But all these requirements run into the quality control issue sooner or later — with the ...
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Quality Metrics in Focus: Analyzing Defects Per Unit
As the new manufacturing engineer for the stapler production line, you find yourself shifting through quality data to get a better understanding of the defect rates involved. One of the reasons you ...
In 2022, the dominating segment for computer vision (CV) was quality assurance and inspection because of the rapid adoption of process automation in the manufacturing industry. One of the key benefits ...
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