IASSC IASSC Certifications ICBB Questions & Answers

• Question 151:

  The Japanese born function of a Kaizen event utilizes a specific, step-by-step approach meant to bring about major changes to a process.

  A. True

  B. False

  Correct Answer: A

• Question 152:

  The primary objective in removal of waste is to improve the Order Production Cycle where the time from _________________ to the time of receipt of payment is compressed.

  A. Shift start

  B. Product development

  C. Receipt of an order

  D. New fiscal year

  Correct Answer: C

• Question 153:

  Handling of warranty returns, process improvement team meetings and rework to meet customer expectations are all examples of business costs that are classified as ___________ .

  A. Nuisance

  B. Non-value Add

  C. Necessary

  D. Unavoidable

  Correct Answer: B

• Question 154:

  As a means of measuring the effects on other areas of a process as a result of changes in the primary metric we also define and track ________________.

  A. Parallel process metrics

  B. Secondary metrics

  C. Tertiary metrics

  D. Industry standards

  Correct Answer: B

• Question 155:

  What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $0.9 million dollars to $3.5 million total and your organization's marginal cost of capital was 5.7%?

  A. $49,250

  B. $51,300

  C. $117,500

  D. $202,424

  Correct Answer: B

• Question 156:

  "A calculated time frame that matches customer demand" is a definition of what Lean Principles term?

  A. Value Stream

  B. Kaizen event

  C. Takt time

  D. Kanban

  Correct Answer: C

• Question 157:

  Which of these are examples of business metrics or Key Performance Indicators commonly referred to as KPI's?

  A. Cycle Time

  B. Defects

  C. No. of Units Reworked

  D. Labor Hours

  E. All of these answers are correct

  Correct Answer: E

• Question 158:

  Calculate the Rolled Throughput Yield of this process using this data. Data: unit input: 1215, unit output: 1180, defects repaired: 184, scrap: 42

  A. 80.85%

  B. 81.40%

  C. 82.23%

  D. 84.96%

  Correct Answer: B

• Question 159:

  When one speaks of 20% of something contributing 80% of the affect they are referring to what is known as the _________________.

  A. Shewhart Example

  B. Connection Principle

  C. Balance Equation

  D. Pareto Principle

  Correct Answer: D

• Question 160:

  Using this data calculate the percentage of DPU. Data: 763 defects, 18,000 units.

  A. 2.12

  B. 3.42

  C. 4.24

  D. 5.72

  Correct Answer: C