Six Sigma ICGB Practice Test - Questions Answers, Page 16

Training cost $6,500 and a project required an initial investment of $47,500. If the project yields monthly savings of $3,500 beginning after 4 months, what is the payback period in months, before money costs and taxes?

The acronym for the defined approach taken by Lean Six Sigma to solve significant challenges related to a process is which of these?

Voice of the Customer is a Lean Six Sigma technique to determine __________________ attributes of a product or service.

Typically a person who is trained to the skill level of a Black Belt is nearly 80% dedicated to applying Lean Six Sigma methodologies towards process solutions.

A process can be defined as a repetitive and systematic series of steps or activities where inputs are modified or assembled to achieve a _______________ result.

Customers make a purchase decision based on a number of factors. In Lean Six Sigma we refer to these decision points as CTQ's which stands for __________.

Cost of Poor Quality (COPQ) can be classified as either Tangible (Visible) Costs or Hidden Costs.

The Purchase Orders for Glenn Manufacturing Company were being copied by an employee and sent to four different departments yet only one department took an action based on the information in the PO. This is an example of ____________.

According to the definition of Rolled Throughput Yield which of the following items best describe the purpose of RTY?