BNET Business Dictionary

Business Definition for: Accuracy

  • the degree to which data conforms to a recognized standard value

Wiktionary Definition for: Accuracy

  • The state of being accurate; freedom from mistakes, this exemption arising from carefulness; exact conformity to truth, or to a rule or model; precision; exactness; nicety; correctness; as, the value of testimony depends on its '''accuracy'''
  • Ex:'''Quotations'''
  • Ex:*The professed end of logic is to teach men to think, to judge, and to reason, with precision and '''accuracy'''. - Reid
  • Ex:*The '''accuracy''' with which the piston fits the sides. - Lardner

Additional Resources

Putting Blender Accuracy To the Test.(Brief Article)
When you look at competing claims for gravimetric batch blenders, the issue is accuracy. Virtually all makers of the equipment claim similar accuracy, but the numbers appear to mean different things to different people. You need to know what counts for you and how to test ...
Tags: Maguire Products Inc.
Research articles 1999-11-01
Encouraging Inventory Accuracy
This article is about most distributors who realize the importance of inventory accuracy – that is, having the available quantity of an item in your computer agrees, with what is actually on the shelf in your warehouse. Management realizes the bad things that happen when inventory accuracy doesn't exist: waste...
Tags: Inventory Accuracy, Benefits, Productivity, Human Resources
White papers 1997-01-01
Self-calibrating ADCs offer accuracy, flexibility. (analog-to-digital converters)(includes sidebar)(EDN Design Feature)
Using converters with built-in calibration eases design of an analog signal chain with greater accuracy and fewer calibration-related components. This calibration affects what you can achieve in accuracy and linearity and the hardware and software ef Using converters with built-in calibration eases design of an analog...
Tags: ADC Telecommunications Inc., calibration
Research articles 1995-06-22
Supermarkets Lead the Way In Scan Price Accuracy
Food retailers have the highest rate of price accuracy among all retail groups, says the Federal Trade Commission FTC. Their record of 97% accuracy is even higher than it was just two years ago. "Price accuracy is the highest priority for the retail food industry and this report clearly...
Tags: Food Marketing Institute Inc.
Research articles 1999-02-01
Validation-The Foundation of Accuracy
Inventory movement is the source of essentially all error. Once inventory records are correct, they are unlikely to go bad until something moves. Therefore, if inventory movement can be controlled, inventory accuracy can be controlled. There are two kinds of inventory movements: automated and manual. The distinction is important because...
Tags: Error, Inventory Movement, Productivity
White papers 2003-01-01
Sales Forecasts For Existing Consumer Products And Services: Do Purchase Intentions Contribute To Accuracy?
From the executive summary: ‘Purchase intentions are routinely used to forecast sales of existing products and services. While past studies have shown that intentions are predictive of sales, they have only examined the absolute accuracy of intentions, not their accuracy relative to other forecasting methods. For example, no research has...
Tags: Intention, Sales Forecast, Sales Strategy, Sales Force Management, Sales
White papers 2000-04-01
Guide To Inventory Accuracy
From the executive summary: ‘Maintaining inventory accuracy must be an integral part of the attitude of the organization. Like quality, customer service, and plant safety, accuracy must be promoted throughout the organization as everyone's responsibility. This attitude must start at the top levels.' Inventory management is a significant activity in...
Tags: Inventory Management, Organization, Inventory Accuracy, Enterprise Software, Software
White papers 2003-01-01
High Accuracy Pipeline Depth of Cover Survey in Channel Crossing Using Inertial Navigation
A high accuracy pipeline position survey of a ship channel crossing was performed using an in-line inertial navigation survey combined with the GPS coordinates of the channel banks. Two independent inertial surveys were performed to confirm the required accuracy of 0.6 ft (0.2m). The results were overlaid with the channel...
Tags: Accuracy, Survey, Marketing Research, Marketing
White papers 2003-07-21
Invensys Announces Improved Accuracy Throughout Foxboro Pressure Transmitter Line; Now delivers industry-best accuracy
CHICAGO -- Invensys Process Systems today announced that a wide range of key, Foxboro-brand pressure transmitters will now achieve the industry's highest accuracy levels. By applying a proprietary characterization and compensation process to its line of intelligent pressure transmitters, Invensys has achieved performance improvements that can provide users with improved...
Tags: Invensys, transmitter
Research articles 2005-10-25
Nike Aims to Stimulate Tour Accuracy Trial - markets to golfers - Brief Article
BEAVERTON ORE.-- Beginning in March, Nike offers golfers nationwide the "Tour Accuracy Challenge. "The promo provides special split sleeves and boxes of balls, containing both the Precision Tour Accuracy targeted at average players and the Tour Accuracy TW, which is a replica of the ball that Tiger Woods plays, aimed...
Tags: Nike Inc.
Research articles 2001-01-22
Mitsubishi injection press ensures accuracy.(NPE2006)
Byline: Plastics News Report Accuracy is the word for the all-electric MEtII Mitsubishi injection press from MHI Injection Molding Machinery Inc. (Booth S955). The MEtII boasts an ultrarigid frame to suppress vibration and hold accuracy to a hig Byline: Plastics News...
Tags: Mitsubishi Corp.
Research articles 2006-06-21
FTC: Price Check II shows scanner accuracy has improved since 1996.
M2 PRESSWIRE-17 December 1998-FTC: Price Check II shows scanner accuracy has improved since 1996 C1994-98 M2 COMMUNICATIONS LTD RDATE:161298 -- Overall accuracy is high -- However, 1 in 28 "sale" items are priced incorrectly A survey conducted...
Tags: FTC, HARDWARE, MARKETING, Pricing, Retail, Scanners
Research articles 1998-12-17
GPS now even better choice for network sync with recent U.S. decision to improve accuracy of GPS signals; U.S. government discontinues SA to improve accuracy of GPS signals, thus helping GPS-based sync solutions to better support high-speed data.
M2 PRESSWIRE-18 May 2000-SYMMETRICOM: GPS now even better choice for network sync with recent U.S. decision to improve accuracy of GPS signals; U.S. government discontinues SA to improve accuracy of GPS signals, thus helping GPS-based sync solutions to better support high-speed data C1994-2000 M2...
Tags: GPS, Handhelds, HARDWARE, network, Symmetricom, telecommunications, U.S. Government
Research articles 2000-05-18
TourPure Driver is No. 1 in ``Driving Accuracy'' on the PGA Tour & Senior PGA Tour; TourPure Continues as No. 1 Driver Model on the Senior PGA Tour
CARLSBAD, Calif.--BUSINESS WIRE--Aug. 3, 1999-- McHenry Metals Golf Corp's (OTCBB:GLFN) president, Bradley J. Wilhite, announced today the Company's TourPure driver is ranked no. 1 in "Driving Accuracy" on both the PGA Tour and the Senior PGA Tour. Fred Funk leads the PGA Tour with 80.2% driving accuracy, while...
Tags: Business Wire, Company, INTERNET, Leadership, Retail, Strategy
Research articles 1999-08-03
Renishaw offers free one-day courses in Art of Accuracy.(product & industry news)
Renishaw (www.renishaw.com) is offering free full-day "Art of Accuracy" technical seminars that will detail the capabilities of the firm's advanced linear and rotary encoders for high-accuracy position feedback and its laser interferometer systems for machine calibration, analysis, and motion control. Entitled "Picometers to arc seconds--the...
Tags: Renishaw Plc.
Research articles 2006-09-01
Accuracy and speed help Chick-fil-A maintain its reign as drive-thru leader.
Chick-fil-A landed the top spot on this year's g3/QSR Drive-Thru Time Study--for the second year in a row. The chain finished in the top three in each of the four categories rated (speed, order accuracy, menuboard appearance and speaker clarity)--finishing in first place in the accuracy...
Tags: Chick-fil-A, Taco Bell Corp.
Research articles 2003-10-06
Accuracy of Pulse Oximeters During Neonatal Motion
Most pulse oximeter manufacturers state a precision for pulse rate of ± 3 bpm and a precision for SpO2 of ± 3 % (at a bias of 0) in neonates during non-motion conditions. However, motion is common in this population. Motion adversely affects most pulse oximeters and spurious values can...
Tags: Masimo, Motion, Business Process Automation, Operational Planning, Manufacturing, Strategy, Enterprise Software, It Operations, Business Operations, Management, Software
White papers 2002-04-25
Accuracy of Body Composition Measurements by Dual Energy X-Ray Absorptiometry in Underweight Patients With Chronic Intestinal Disease and in Lean Subjects
This white paper discusses about the fact for investigating the ability of DXA to detect variations in body composition induced by infusion of parenteral nutrition PN in order to assess the accuracy of Dual-energy X-ray absorptiometry DXA in underweight patients with chronic gastrointestinal disease, Furthermore, the influence of a low...
Tags: BioMed Central, Accuracy
White papers 2005-01-04
Medicare: Accuracy of Responses From the 1-800-MEDICARE Help Line Should Be Improved
In March 1999, the Centers for Medicare & Medicaid Services CMS implemented a telephone help line--1-800-MEDICARE--to provide information about program eligibility, enrollment, and benefits. In this report, GAO evaluates the accuracy of the information the help line provides, the training given to CSRs, and CMS's efforts to monitor the accuracy...
Tags: Medicare, Accuracy, General Accounting Office, Content Management System, Content Management, Healthcare, Enterprise Software, Software
White papers 2004-12-01
Quantitative Analysis of MRI Signal Abnormalities of Brain White Matter With High Reproducibility and Accuracy
The purpose of this paper is to assess the reproducibility and accuracy compared to radiologists of three automated segmentation pipelines for quantitative magnetic resonance imaging MRI measurement of brain white matter signal abnormalities WMSA. The addition of TDS to the EM segmentation and PVEC algorithms significantly improved the accuracy of...
Tags: Segmentation, Harvard College, Magnetic Resonance Imaging, Quantitative Analysis, Accuracy
White papers 2002-01-23
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