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MBA 745 - Module 1 Detailed Exam Practice Questions with 100% Verified Answers | New Version

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MBA 745 - Module 1 Detailed Exam Practice Questions with 100% Verified Answers | New Version 1. History of Lean Thinking: Where it began - ANSWER Venice, Italy 1104: the Arsenal built warships for the Venetian navy -Adopted "standardized design" which pioneered interchangeable parts 2. Frank Gilberth - ANSWER "Motion Efficiency" -developed the motion study & invented "process mapping" 3. Frederick W Taylor - ANSWER 1911: book called "Principles of Scientific Management" -Spoke on removing wasteful activities, but dismissed human behaviors 4. 5 Principles of Lean - ANSWER 1. Specify Value 2. Value Streams 3. Pull 4. Flow 5. Seek Perfection 5. The five principles of lean: - ANSWER -Are fundamental truths concerning a sustainable organization. 6. Flow - ANSWER -"moving along in a steady continuous stream" 7. The ultimate objective with lean transformation programs is to - ANSWER -Create a sustainable organization. -Human Resources, information technology, and finance. -Three pillars of a sustainable organization are: leadership, knowledge and teamwork. -Supplier relationship management & customer relationship management are critical elements of a sustainable organization. 8. A proven path to success for lean projects is to: - ANSWER move from current state to future state and then use continuous improvement to seek perfection 9. Pull - ANSWER -"a force drawing something toward a particular destination" -Focus on true demand: customer buying a product at a store; surgery performed on a patient 10. Kaizen Blitz - ANSWER Kaizen: (Japanese)- "Kai" (to take apart) "Zen" (to make good) Blitz: (German word) "lightning fast" -Technique to empower employees to work together to achieve lightning fast continuous improvement. 11. Three Types of Value - ANSWER 1. Value Add 2. Business value add 3. Non-value add 12. Value Add - ANSWER Activities necessary for meeting customer requirements. -"What an organization gets paid to do"; keep paying customer at the heart/focus Key point: understanding customer requirements & focusing on the things your customers will pay for. Ex: After a hard and hot day at work, you stop by the ice cream shop on the way home. The person making your hot fudge sundae. 13. Workplace psychology - ANSWER Taylor was concerned with reducing process times, while Gilberth's sought to make processes more efficient by reducing the motions involved. 14. Henry Ford (1910) vs. Alfred Sloan (GM) - ANSWER Ford : first comprehensive manufacturing strategy; "bringing elements together" Sloan: took a pragmatic approach developing business & manufacturing strategies for managing very large enterprises & dealing with variety of customer base (weakness of Ford) 15. Ishikawa - ANSWER fish-bone diagram; problem solving technique 16. Toyota Motor Company - ANSWER : TPS approach adopted by other Japanese countries, then western companies by 1980s adopted eastern methodologies 17. 1990: James Womack, Daniel Jones, and Daniel Roos - ANSWER Wrote "The Machine that changed the World"; discussed success of "lean" within automotive assembly. 18. 2003: John Seddon, concept of value demand & failure demand - ANSWER -Value demand: recognizing the initial request for a service from the customer, what a company or service exists to provide. -Failure demand: failure to do something or do something right. 19. What is Fresh Connection? - ANSWER Interactive team-based business simulation used for learning how to lead an organization through collaboration and consensus building. - where participants learn about best practices and emerging trends through hands-on experience 20. T/F: The Fresh Connection is a different way of learning that puts participants at the heart of a lifelike simulation so they can experience the impact of every decision they make. - ANSWER True 21. Roles within Fresh Connection - ANSWER -Operations, Supply Chain, Sales, Purchasing 22. T/F: The Fresh Connection simulation provides one chance, or round, for each team make all the decisions required for a lean transformation. - ANSWER False: Learn about best practices and emerging trends through hands-on experience (participating in multiple rounds/ "magic circle"= learn mistakes from previous round to improve in the next)

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MBA 745 - Module 1 Detailed Exam
Practice Questions with 100% Verified
Answers | New Version

1. History of Lean Thinking: Where it began - ANSWER Venice, Italy 1104:
the Arsenal built warships for the Venetian navy
-Adopted "standardized design" which pioneered interchangeable parts


2. Frank Gilberth - ANSWER "Motion Efficiency"
-developed the motion study & invented "process mapping"


3. Frederick W Taylor - ANSWER 1911: book called "Principles of Scientific
Management"
-Spoke on removing wasteful activities, but dismissed human behaviors


4. 5 Principles of Lean - ANSWER 1. Specify Value
2. Value Streams
3. Pull
4. Flow
5. Seek Perfection


5. The five principles of lean: - ANSWER -Are fundamental truths concerning
a sustainable organization.


6. Flow - ANSWER -"moving along in a steady continuous stream"


7. The ultimate objective with lean transformation programs is to - ANSWER
-Create a sustainable organization.

, -Human Resources, information technology, and finance.
-Three pillars of a sustainable organization are: leadership, knowledge and
teamwork.
-Supplier relationship management & customer relationship management are
critical elements of a sustainable organization.


8. A proven path to success for lean projects is to: - ANSWER move from
current state to future state and then use continuous improvement to seek
perfection


9. Pull - ANSWER -"a force drawing something toward a particular
destination"
-Focus on true demand: customer buying a product at a store; surgery
performed on a patient


10.Kaizen Blitz - ANSWER Kaizen: (Japanese)- "Kai" (to take apart)
"Zen" (to make good)


Blitz: (German word) "lightning fast"


-Technique to empower employees to work together to achieve lightning-
fast continuous improvement.


11.Three Types of Value - ANSWER 1. Value Add
2. Business value add
3. Non-value add


12.Value Add - ANSWER Activities necessary for meeting customer
requirements.

, -"What an organization gets paid to do"; keep paying customer at the
heart/focus
Key point: understanding customer requirements & focusing on the things
your customers will pay for.
Ex: After a hard and hot day at work, you stop by the ice cream shop on the
way home.
The person making your hot fudge sundae.


13.Workplace psychology - ANSWER Taylor was concerned with reducing
process times, while Gilberth's sought to make processes more efficient by
reducing the motions involved.


14.Henry Ford (1910) vs. Alfred Sloan (GM) - ANSWER Ford : first
comprehensive manufacturing strategy; "bringing elements together"
Sloan: took a pragmatic approach developing business & manufacturing
strategies for managing very large enterprises & dealing with variety of
customer base (weakness of Ford)


15.Ishikawa - ANSWER fish-bone diagram; problem solving technique


16.Toyota Motor Company - ANSWER 1945-1975: TPS approach adopted by
other Japanese countries, then western companies by 1980s adopted eastern
methodologies


17.1990: James Womack, Daniel Jones, and Daniel Roos - ANSWER Wrote
"The Machine that changed the World"; discussed success of "lean" within
automotive assembly.


18.2003: John Seddon, concept of value demand & failure demand - ANSWER
-Value demand: recognizing the initial request for a service from the
customer, what a company or service exists to provide.

, -Failure demand: failure to do something or do something right.


19.What is Fresh Connection? - ANSWER Interactive team-based business
simulation used for learning how to lead an organization through
collaboration and consensus building.
- where participants learn about best practices and emerging trends
through hands-on experience


20.T/F: The Fresh Connection is a different way of learning that puts
participants at the heart of a lifelike simulation so they can experience the
impact of every decision they make. - ANSWER True


21.Roles within Fresh Connection - ANSWER -Operations, Supply Chain,
Sales, Purchasing


22.T/F: The Fresh Connection simulation provides one chance, or round, for
each team make all the decisions required for a lean transformation. -
ANSWER False:
Learn about best practices and emerging trends through hands-on experience
(participating in multiple rounds/ "magic circle"= learn mistakes from
previous round to improve in the next)


23.Design of Fresh Connection simulation - ANSWER "Think of starting a
brand new job and not knowing where the cafeteria is. But, with a little
experience, things start to fall into place and you will soon be ready to take
anything they throw at you."


T/F: Achieving functional excellence, for each role in The Fresh Connection, is
the key to achieving the highest ROI and customer service. - ANSWER False:
Collaborate and make executive decisions in a "high pressure environment" to
achieve the goal of IMPROVING CUSTOMER SERVICE & INCREASING ROI.

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