first time yield

Definition

A metric for determining the performance of a production or manufacturing process. The first time yield can be calculated by dividing the number of goods from a manufactured lot that meet pre-specified quality standards by the total number produced by the process. Also called first-pass yield.

Related Videos




http://www.businessdictionary.com/definition/first-time-yield.html

Popular 'Industries, Manufacturing, & Technology' Terms

Today's Top Bulls

72% Bullish
(36 Votes)
70% Bullish
(103 Votes)
69% Bullish
(26 Votes)
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z