Lean six sigma black belt Study guides, Class notes & Summaries

Lean Six Sigma Black Belt Complete Questions And Answers 2023 DMAIC (Define, Measure, Analyze, Improve, Control) Correct Answer: A systematic, closed-loop process for continued improvement that is scientific and fact based PDCA Correct Answer: Plan - define the problem; Do - implement and collect data; Check - study and analyze; Act - if successful, follow the new standard. Financial Perspective Correct Answer: measures of firms' financial performance that indicate how well strategy, impl...

This is a bizarre question. It never mentions that the financial savings should be reported at the annual level. However, that's a reasonable assumption to make. $7,500 * 12 months = $90, 000. A shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded a monthly cost savings of $7,500. Therefore the reported financial savings for this LSS project were: A) $4...

Lean Six Sigma Black Belt: Define (IASSC BOK), Lean Six Sigma Black Belt: Measure (IASSC BOK), Lean Six Sigma Black Belt: Analyze (IASSC BOK), Lean Six Sigma Black Belt: Improve (IASSC BOK), Lean Six Sigma Black Belt: Control (IASSC BOK)-Q&A

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