MKT 431 CMU Exam 1Possible Questions And Answers 100% Accurately Solved.

What is S? (SIPOC) - correct answer Suppliers What is I? (SIPOC) - correct answer Inputs What is P? (SIPOC) - correct answer Processes What is O? (SIPOC) - correct answer Outputs What is C? (SIPOC) - correct answer Customers Deadly Wastes (DOWNTIME)? #1 - correct answer Defect Correction Deadly Wastes (DOWNTIME)? #2 - correct answer Overproduction Deadly Wastes(DOWNTIME)? #3 - correct answer Waiting Deadly Wastes(DOWNTIME)? #4 - correct answer Non-utilized resources Deadly Wastes(DOWNTIME)? #5 - correct answer Transportation Deadly Wastes(DOWNTIME)? #6 - correct answer Inventory Deadly Wastes(DOWNTIME)? #7 - correct answer Motion Deadly Wastes(DOWNTIME)? #8 - correct answer Extra Processing Mura - correct answer Variability Mudi - correct answer Overburden Muda - correct answer Waste Learning to see - correct answer be able to detect waste in processes How many times should you ask why? - correct answer 5 (ABC Analysis) Rank them in order (descending) - correct answer A (top 80% of profit), B (middle), C (bottom) 80/20 Rule - correct answer 80% of sales come from 20% of customers Competitive Parity - correct answer Between 1 and -1 Perfect Order - correct answer On-time, complete and error-free Value Add activity? #1 - correct answer Customer must be willing to pay Value Add activity? #2 - correct answer Must transform product Value Add activity? #3 - correct answer Done right the first time 3 Views of Process? #1 - correct answer What you think it is 3 Views of Process? #2 - correct answer What it should be 3 Views of Process? #3 - correct answer What it actually is CTQ's - correct answer Critical to quality from customer vi