In a Fishbone Diagram the 6M's stand for Methods, ____________, Machine, Man, Mother Nature and Materials.
A. Measurements
B. Merger
C. Management
D. Medical
The most appropriate type of FMEA for a product before going into manufacturing is a ___________ FMEA.
A. Design
B. Consumer
C. Survey
D. Test Process
An example of the waste of mismanaged Inventory is __________.
A. Capital costs of money
B. Value decrease from aged inventory
C. Cost of storage space
D. All of these answers are correct
The English words used for the 5S's are Sorting, Straightening, _____________ , __________ and Sustaining. (Note: There are 2 correct answers).
A. Shaping
B. Shining
C. Standardizing
D. Signing
At the very initiation of a project a Belt must develop a concise _______________ that states at a high level the area of concern and why it is important this issue be improved.
A. Business Case
B. Project Doctrine
C. Management Justification
D. Process Owner Disclosure
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
The Japanese born function of a Kanban event utilizes a specific, step-by-step approach meant to bring about major changes to a process.
A. True
B. False
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
A Belt rearranged the location of the parts inventory for a rework station locating the most often used parts to be within hand reach of the repair person. This rearrangement resulted in quicker repair times by eliminating one of seven major elements of waste which is the Waste of __________.
A. Motion
B. Conveyance
C. Inventory
D. Waiting
What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $1.4 million dollars to $5.3 million total and your organization's marginal cost of capital was 6.2%?
A. $43,400
B. $86,800
C. $117,500
D. $328,600
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