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IND 123 Final Exam with verified detailed solutions

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IND 123 Final Exam with verified detailed solutions

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IND 123 Final Exam with verified ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




detailed solutions ||\\//||




The Improve phase of the project is where the company hopes to realize a ____________. -
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




correct answer✔✔Return on investment ||\\//|| ||\\//|| ||\\//||




Which of the following is an activity of the team during the Improve phase of the project? -
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




correct answer✔✔All of the above ||\\//|| ||\\//|| ||\\//|| ||\\//||




________is a way of confirming that a chosen solution is the right one so effective change ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




can be made. - correct answer✔✔Experimentation
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Once we have the ______, the operator can use them to identify trends and out-of-control
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




conditions. - correct answer✔✔Control limits ||\\//|| ||\\//|| ||\\//|| ||\\//||




Plans regarding the future attention needs of a newly completed project would be covered
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




in the _________ plan. - correct answer✔✔Response
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




Sigma comes from statistics and represents the ______ of a measurement based upon a
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




group of similar occurrences. - correct answer✔✔Standard deviation
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




Six Sigma is a management ______ that targets the need to reduce costs and defects. -
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




correct answer✔✔Philosophy ||\\//||




The team's efforts in the ______ stage of DMAIC are to produce as many ideas as possible
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




for a solution. - correct answer✔✔Improve
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||

, The Balanced Scorecard focuses a company's attention on four views off their vision and
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




strategy. those four views are _________. - correct answer✔✔Financial, internal business
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




processes, employees learning and growth, and customers. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




The Voice of the Customer (VOC) is used to identify project ideas based upon _________. -
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




correct answer✔✔Employee satisfaction (internal clients) ||\\//|| ||\\//|| ||\\//|| ||\\//||




,

Customer expectations (external clients) ||\\//|| ||\\//|| ||\\//||




Customers are a source of ______for the company about how well their expectations are ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




being met by the company's products and services. - correct answer✔✔Feedback
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




The______ can be divided into several layers to indicate the value added at each level ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




within the company. - correct answer✔✔Value chain ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




If data gathered shows process or quality flaws, a company should use ________ format in a
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




Six Sigma project. - correct answer✔✔DMAIC
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




What are the three core measures used in throughput accounting? - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔Operating expense, investment, and throughput ||\\//|| ||\\//|| ||\\//|| ||\\//||




Design for Six Sigma focuses on _______. - correct answer✔✔Designing processes that
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




prevent defects from occurring in the first place. ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




______refers to a systematic technique to determine how a process might fail, the effects of ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




the failure and possible ways of eliminating and preventing each failure. - correct
||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//|| ||\\//||




answer✔✔FMEA
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