consumer's risk

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consumer's risk

[kən′süm·ərz ′risk]
(industrial engineering)
The probability that a lot whose quality equals the poorest quality that a consumer is willing to tolerate in an individual lot will be accepted by a sampling plan.
References in periodicals archive ?
Credit card issuers are the largest users of credit scores and these eight lenders are sharing the actual FICO Scores they acquire for consumer risk management decisions.
Although these products are not ready-to-eat items and have baking instructions which, if followed, will reduce consumer risk, there remains some risk that the mishandling of this product prior to or without adequate baking may cause illness," T.
Raghunandan Menon, General Manager of Risk Management at Gulf Bank, emphasized the importance of the Bank's risk management saying: "With our partner, Intellect Design Arena Limited, we implemented a highly effective consumer risk collection system which has helped Gulf Bank advance key business priorities.
Raghunandan Menon, general manager of Risk Management at Gulf Bank, emphasised the importance of the Bank's risk management, saying: "With our partner, Intellect Design Arena Limited, we implemented a highly effective consumer risk collection system which has helped Gulf Bank advance key business priorities.
ID Analytics LLC, a leader in consumer risk management, and Acxiom[R] (Nasdaq: ACXM), the data foundation for the world's best marketers, have partnered to help businesses improve risk assessment and fight fraud, the companies said.
Jagannathan Desikan, Head of Consumer Risk Management at ADCB, said: "AECB has made giant strides in bringing relevant data for risk management in the past few years.
Rowe has most recently served as consumer risk executive for consumer products and channels at Bank of America (NYSE: BAC).
Rowe will join Wells Fargo from Bank of America, where he most recently served as Consumer Risk Executive for consumer products and channels.
LifeLock provides proactive identity theft protection services for consumers and consumer risk management services for enterprises.
The authors explore the role of consumer risk appetite in the initiation of credit cycles and as an early trigger of the U.
According to the latest Travelers Consumer Risk Index, 63% of American believe that the world is becoming riskier.
Consumer risk touches every element of mortgage servicing, necessitating an organization's risk-mitigation approach that is systemic, responsive and consistent.
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