Reject Rate definition
Reject Rate means the ratio of total number of RMA units to total number of units delivered to ADVA within that same time period. In the case where both Acacia and ADVA agree there was “no problem found” or that the reject was not caused by Acacia design deficiencies or manufacturing or handling deficiencies then the unit will not be classified as a reject for the purposes of calculating a reject rate statistic.
Examples of Reject Rate in a sentence
I if not agreed otherwise in a separate quality assurance agreement, Products shall have a Reject Rate of less than [**] percent ([**]%) during any rolling [**] month period.
The parts costs caused by equipment trouble shall be handled at that time, regardless of the “Quarterly Reject Rate Provision”.
Iplex will give consideration to factors that are beyond the reasonable control of the Team Members that have resulted in the Reject Rate target exceeding 3.2%.
The benchmark set for the Reject Rate is a target that is 10% less than the average reject rate achieved for the previous 12 months.
For each different threshold, the corresponding False Accept Rate (FAR) and False Reject Rate (FRR) values of the system are calculated.