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Transaction data
The finite data pertaining to a given event occurring in a process. Examples are the data obtained when an individual cheques out groceries (the grocery shopping process) and the data obtained from testing a machined component (the final product inspection step of the production process).
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Quality management
- Category: Six Sigma
- Organization: ASQ
- Product:
- Acronym-Abbreviation:
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