The ROI for a project is a measurement metric that stands for Return on Investment and is one of the methods used to measure the success of a Lean Six Sigma project.
A. True
B. False
The DMAIC approach to problem solving stands for Define, __________, Analyze, Improve and Control.
A. Manage
B. Measure
C. Memorize
D. Manipulate
Cycle Time, Defects, Scrap Cost and Safety are examples of business metrics or commonly referred to as which of the following?
A. Defects per Unit
B. Key Performance Indicators
C. Impediments to Flow
D. Hidden Costs
One of the primary objectives of constructing an X-Y Diagram is to separate the vital few X's from the trivial many X's.
A. True
B. False
When we create a Process Map we use a __________ to show the direction of work flow.
A. Solid line arrow
B. Dashed line arrow
C. Series of dots
D. Double lines
A Micro Process Map may map a process showing the entire activities of a department and can likely be broken into many Macro Process Maps showing numerous processes that comprise the activities of the department.
A. True
B. False
One of the primary benefits of your team working together to create an X-Y Diagram is that the data collected from this exercise is accurate and certain.
A. True
B. False
One of the 5S approaches to eliminating waste is to organize all tools, information and inventory utilized at a workstation in such a manner that the operator knows exactly where things are when needed. This 5S tool is called __________________.
A. Standardizing
B. Scheduling
C. Sustaining
D. Straightening
Six Sigma refers to a process whose output has at least 75% of its data points within 6 Standard Deviations from the Mean.
A. True
B. False
A ____________________ is defined as a repetitive and systematic series of steps or activities where inputs are modified or assembled to achieve a customer desired result.
A. Process
B. Procedure
C. Program
D. Population
Training cost is $2,000 and a project required an initial investment of $16,000. If the project yields monthly savings of $1,500 beginning after 2 months, what is the payback period in months (before money costs and taxes)?
A. 12
B. 14
C. 22
D. 28
The DMAIC approach to problem solving stands for Define, Measure, Analyze, ____________ and Control.
A. Improve
B. Identify
C. Itemize
D. Initiate
The 70:30 rule is associated with which of these tools?
A. Pareto Chart
B. Simon's Cross-Functional Tool
C. SIPOC
D. None of these answers is correct
Which best describes the purpose of Six Sigma?
A. Reduce Value Added Steps
B. Reduce Variation in processes
C. Reduce Non-Value Added Steps
D. Reduce customer requirements
SIPOC stands for Suppliers, ___________, Process, Output and Customers.
A. Inventory
B. Investment
C. Inputs
D. Indicators