FTPR definition
FTPR means the percentage obtained by dividing (a) the aggregate number of Non-Conforming Products (other than any Non-Conforming Products solely the result of a Product Requirement) in a given Lot determined by OJO pursuant to its inspection and acceptance testing contemplated by Section 5.2, by (b) the aggregate number of Products for that same Lot.
Examples of FTPR in a sentence
Kenmec will notify OJO within one (1) Business Day after identifying any significant quality issues relating to the Products that will affect FTPR goals, will document to OJO the inspection leading to this action and will inspect existing inventories and remove defective Products and Components within five (5) Business Days.