SCM 3353 BPI Exam 2 Review Questions And
Accurate Answers
Difference between lean and six sigma
Six sigma
-variance and defect
-created by motorola in US
- Great use of math and statistics
-tools and processes to minimize defects
Lean
-Waste-based
-discovered by Toyota
-visual description
-flow and output production improved
Chapter 1: intro using lean to energize your supply chain: What is Lean? Why do
companies fail with lean
Lean is a teams based form of continuous improvement that focuses on identifying and
eliminating waste
The companies fail because they are hung back to support the investment and
commitment it requires to change the culture
Previous
Play
,Next
Rewind 10 seconds
Move forward 10 seconds
Unmute
0:00
/
0:15
Full screen
Brainpower
Read More
SCOR model
Plan-demand plan and supply
Source - purchase goods to support dem
Make - Convert raw materials to FG
Deliver - Move goods within and to customers
Return - process for returns
Descriptive statistics
In this case, brief information coefficients summarize a given data set either
representing the whole population or a sample of the population.
Descriptive statistics are categorized into measures of central tendency and measures
of variability/ spread. The measures of central tendency include the mean, median, and
mode, and the variability or spread include standard deviation, variance, minimum and
maximum variables, kurtosis, and skewness.
Average
average of all numbers / number of measuremnts
, Mode
number that occurs the most often
Median
when putting numbers in numerical order, the number in the middle
Kurtosis
how much data is i nthe "tail" and degree of outliers. Leptokurtic is "high" degree of
Kurtosis
Skewness
Deviaton from a normal distribution
Standard Deviation P vs S
p = entire population of data
s= sample of data
Process Time
Activities which involve a transformation from raw materials or inputs to finished
product or outputs are termed as processing time
Value from the customers point of view, i.e. what they would pay for it, but it is usually a
very small part of the process, 5 - 10 percent.
TIMWOOD: Seven types of waste
Inventory : buffer between suppliers, manufacturers and customers to make up for lead
time and variability
Raw Materials
Work in Progress (WIP) - goods that have started transformation but aren't finished
Finished Goods - final saleable products
Spare Parts
Accurate Answers
Difference between lean and six sigma
Six sigma
-variance and defect
-created by motorola in US
- Great use of math and statistics
-tools and processes to minimize defects
Lean
-Waste-based
-discovered by Toyota
-visual description
-flow and output production improved
Chapter 1: intro using lean to energize your supply chain: What is Lean? Why do
companies fail with lean
Lean is a teams based form of continuous improvement that focuses on identifying and
eliminating waste
The companies fail because they are hung back to support the investment and
commitment it requires to change the culture
Previous
Play
,Next
Rewind 10 seconds
Move forward 10 seconds
Unmute
0:00
/
0:15
Full screen
Brainpower
Read More
SCOR model
Plan-demand plan and supply
Source - purchase goods to support dem
Make - Convert raw materials to FG
Deliver - Move goods within and to customers
Return - process for returns
Descriptive statistics
In this case, brief information coefficients summarize a given data set either
representing the whole population or a sample of the population.
Descriptive statistics are categorized into measures of central tendency and measures
of variability/ spread. The measures of central tendency include the mean, median, and
mode, and the variability or spread include standard deviation, variance, minimum and
maximum variables, kurtosis, and skewness.
Average
average of all numbers / number of measuremnts
, Mode
number that occurs the most often
Median
when putting numbers in numerical order, the number in the middle
Kurtosis
how much data is i nthe "tail" and degree of outliers. Leptokurtic is "high" degree of
Kurtosis
Skewness
Deviaton from a normal distribution
Standard Deviation P vs S
p = entire population of data
s= sample of data
Process Time
Activities which involve a transformation from raw materials or inputs to finished
product or outputs are termed as processing time
Value from the customers point of view, i.e. what they would pay for it, but it is usually a
very small part of the process, 5 - 10 percent.
TIMWOOD: Seven types of waste
Inventory : buffer between suppliers, manufacturers and customers to make up for lead
time and variability
Raw Materials
Work in Progress (WIP) - goods that have started transformation but aren't finished
Finished Goods - final saleable products
Spare Parts
