MBA 745 - Module 1 || 100% Accurate.
improvement correct answers Don't let anyone steer you wrong. Lean is the #1 ___ program in
the world.
inaction, attempts correct answers The only real competition for popularity comes from ___ or
weak ___ which rely upon naive trial and error.
six sigma correct answers In terms of comprehensive programs, the runner up methodology is
____. It is a great program, but far less popular.
foundation, focus, tools, vision, applicability correct answers Let's look closer at how lean is
working, for all types of organizations, in terms of:
1
2
3
4
5
definition, principles correct answers Foundation = ___ and ___
systematic elimination of waste correct answers *Definition*
Lean can be defined as the _____
systemic, waste correct answers *Definition*
-First key word is ___ - we are not interested in a chaotic scramble
-Second key word is ___ - we are not going for a cost cutting frenzy
systematic, waste correct answers *Definition*
It takes a ___ approach to FIND and ELIMINATE the root causes, which create the ___, found
in all organizations.
Any fool can cut costs (and revenues) to ZERO.
Lean is far more effective than chaotic cost cutting efforts.
James Womack, Daniel Jones correct answers There are 5 principles of lean. These 5 principles
were first articulated in the bestselling book "lean thinking" by ___ and ___.
correct answers The 5 principles of lean are:
1
2
3
4
5
, specify value, identify value streams, create flow, leverage pull, seek perfection correct answers
The 5 principles of lean are:
1
2
3
4
5
sequence, specify values, identify value streams, create flow, leverage pull correct answers Lean
principles are a ___ of steps, or milestones, you need to accomplish.
___ and ____ can be at the same time along with ___ and __
five correct answers Lean is built upon a SOLID FOUNDATION - the systematic elimination of
waste by practicing the ___ principles of lean.
value, waste correct answers Focus = ___ vs. ___
value, value add, business value add, non value add correct answers Lean views all activities in
terns of the type of ___ they create. There are 3 types:
1
2
3
value add correct answers ____ - activities which are necessary for meeting customer
requirements
business value add correct answers ____ - activities which are necessary for meeting other
stakeholder requirements
non value add correct answers ____ - activities which are not valued by any stakeholder
challenging correct answers While it sounds simple, value can be ____. One customer will value
one thing and another will value something else.
Beyond customers, contemporary lean enthusiasts understand how many other stakeholders
value what their organization does. It would be foolish to ignore owners, employees, investors,
your local community, and many others.
defects, movement, inventory, poor processing, waiting, over production, motion, underutilized
employee capabilities, environmental waste correct answers Lean is focused upon eliminating all
types of ___. There are 7 classical types:
1
2
3
4
improvement correct answers Don't let anyone steer you wrong. Lean is the #1 ___ program in
the world.
inaction, attempts correct answers The only real competition for popularity comes from ___ or
weak ___ which rely upon naive trial and error.
six sigma correct answers In terms of comprehensive programs, the runner up methodology is
____. It is a great program, but far less popular.
foundation, focus, tools, vision, applicability correct answers Let's look closer at how lean is
working, for all types of organizations, in terms of:
1
2
3
4
5
definition, principles correct answers Foundation = ___ and ___
systematic elimination of waste correct answers *Definition*
Lean can be defined as the _____
systemic, waste correct answers *Definition*
-First key word is ___ - we are not interested in a chaotic scramble
-Second key word is ___ - we are not going for a cost cutting frenzy
systematic, waste correct answers *Definition*
It takes a ___ approach to FIND and ELIMINATE the root causes, which create the ___, found
in all organizations.
Any fool can cut costs (and revenues) to ZERO.
Lean is far more effective than chaotic cost cutting efforts.
James Womack, Daniel Jones correct answers There are 5 principles of lean. These 5 principles
were first articulated in the bestselling book "lean thinking" by ___ and ___.
correct answers The 5 principles of lean are:
1
2
3
4
5
, specify value, identify value streams, create flow, leverage pull, seek perfection correct answers
The 5 principles of lean are:
1
2
3
4
5
sequence, specify values, identify value streams, create flow, leverage pull correct answers Lean
principles are a ___ of steps, or milestones, you need to accomplish.
___ and ____ can be at the same time along with ___ and __
five correct answers Lean is built upon a SOLID FOUNDATION - the systematic elimination of
waste by practicing the ___ principles of lean.
value, waste correct answers Focus = ___ vs. ___
value, value add, business value add, non value add correct answers Lean views all activities in
terns of the type of ___ they create. There are 3 types:
1
2
3
value add correct answers ____ - activities which are necessary for meeting customer
requirements
business value add correct answers ____ - activities which are necessary for meeting other
stakeholder requirements
non value add correct answers ____ - activities which are not valued by any stakeholder
challenging correct answers While it sounds simple, value can be ____. One customer will value
one thing and another will value something else.
Beyond customers, contemporary lean enthusiasts understand how many other stakeholders
value what their organization does. It would be foolish to ignore owners, employees, investors,
your local community, and many others.
defects, movement, inventory, poor processing, waiting, over production, motion, underutilized
employee capabilities, environmental waste correct answers Lean is focused upon eliminating all
types of ___. There are 7 classical types:
1
2
3
4
