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Six Sigma ICBB Practice Test - Questions Answers, Page 28

List of questions

Question 271

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What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $0.9 million dollars to $3.5 million total and your organization's marginal cost of capital was 5.7%?

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Question 272

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Handling of warranty returns, process improvement team meetings and rework to meet customer expectations are all examples of business costs that are classified as ___________ .

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Question 273

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The Japanese born function of a Kaizen event utilizes a specific, step-by-step approach meant to bring about major changes to a process.

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Question 274

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The primary objective in removal of waste is to improve the Order Production Cycle where the time from _________________ to the time of receipt of payment is compressed.

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Question 275

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A Belt rearranged the location of the parts inventory for a rework station locating the most often used parts to be within hand reach of the repair person. This rearrangement resulted in quicker repair times by eliminating one of seven major elements of waste which is the Waste of __________.

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Question 276

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Which Element of Waste best describes 'the unnecessary movement of materials and goods'?

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Question 277

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The Waste of Overproduction is defined as ______________________.

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Question 278

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The English words used for the 5S's are __________ , _____________ , Shining, Standardizing and Sustaining. (Note: There are 2 correct answers).

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Question 279

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During the ______________ phase of 5S is when we might implement a Red Tag program.

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Question 280

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In a Fishbone Diagram the 6M's stand for Methods, Measurements, Machine, Man, Mother Nature and ____________ .

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Fractional Factorial designs are used to reduce the time and cost of experiments because the ____________ has been lowered.
The Japanese born function of a Kanban event utilizes a specific, step-by-step approach meant to bring about major changes to a process.
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For the data shown here which statement(s) are true? (Note: There are 2 correct answers).
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Production Line 1 is able to complete 500 units per shift. Production Line 2 is able to finish 1,500 units per shift. Production Line 2 is 3 times faster than Production Line 1. This analysis is an example of ______________ Scale Data.
If a process has subgroups for Variable data and the process runs for a long period of time, then the best pair of SPC Charts to use would be an Xbar and _________.
The Normal Distribution is considered to be the most important distribution in statistics and, among other things is defined as having a total area under the curve of 1, is mounded and symmetrical and the Mean, Median and Mode are _____________.
Suppose a purchase order is inspected for the supplier address, quantity as per indent, price as per indent, and time to deliver. The inspection results for a set of 100 purchase orders are given in the table below. What is the DPMO?
Which of the following awards was initially presented to organizations in Japan?