Six sigma process - Study guides, Class notes & Summaries

A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? - Delivery of products & services What happens when an effective value chain is created? - Profit margins are increased Industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process? - Analysis of exteral opportunities and threats Skilled management, positive cash flow, and well known brands are examples of which compon...

This is a bizarre question. It never mentions that the financial savings should be reported at the annual level. However, that's a reasonable assumption to make. $7,500 * 12 months = $90, 000. A shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded a monthly cost savings of $7,500. Therefore the reported financial savings for this LSS project were: A) $...

WGU C215 Operations Management -Objective Assessment Prep Guide & Terminologies Combo Study Guide 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Total Quality Management (TQM) Philosophy Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Uses bo...

Lean Six Sigma Green Belt Certification Questions with Verified Solutions What is Six Sigma? is both a methodology for process improvement and a statistical concept that seeks to define the variation inherent in any process. The overarching premise of Six Sigma is that variation in a process leads to opportunities for error; opportunities for error then lead to risks for product defects. Decision-making with Six Sigma The six sigma method lets organizations identify problems, valida...

Test Bank for Principles of Supply Chain Management, 6th Edition by Joel D. Wisner; Keah-Choon Tan; G. Keong Leong ISBN-13: 5604 Full Chapters test bank included Part 1: Supply Chain Management: An Overview Chapter 1: Introduction to Supply Chain Management Introduction Supply Chain Management Defined The Importance of Supply Chain Management The Origins of Supply Chain Management in the United States The Foundations of Supply Chain Management Current Trends in Supply Chain Managem...

WGU C215 Study Guide – FINAL Latest Updated 2022 Already Passed Total Quality Management (TQM) Philosophy 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sig...

What is the definition of a defect? A) A product/process that exhibits variability. B) A product/process that does not perform as well as the competition. C) A product/process that does not meet customer requirements for use. D) A product/process that is not reliable. E) A product/process that requires extra processing. - Answer-Answer C What is the primary approach employed by Lean Six Sigma to reduce the number of defects? A) Add inspection to isolate the customer from process instabili...

Green Belt - Exam Practice Questions with Verified Answers What is the definition of a defect? A) A product/process that exhibits variability. B) A product/process that does not perform as well as the competition. C) A product/process that does not meet customer requirements for use. D) A product/process that is not reliable. E) A product/process that requires extra processing. Answer C What is the primary approach employed by Lean Six Sigma to reduce the number of defects? A) Add...

USAF GREENBELT QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION 99% quality represents which Sigma level of quality? A 3.4 B 3.8 C 6 D 99 Ans- B Benefits from reducing variation in a process include improved process capability, decreased costs, and which of the following? A A change of customer requirements B Improvement of the company's culture C A revised project charter D Reduced Defects per Million Opportunities (DPMO) Ans- B Which of the following statements regarding ...

USAF Green Belt Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| Grade A| 100% Correct Q: Which statement about Lean implementation is false? A When Lean and Six Sigma are combined the results are powerful. B Lean minimizes customer value and maximizes waste. C Lean promotes shorter cycle times, faster process times, and higher quality. D Lean implementation is appropriate for office and service organizations. Answer: B Q: Lean manufacturing is most concerned w...