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
"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
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
Calculate the Rolled Throughput Yield of this process using this data. DatA. unit input: 1450, unit output:
1390, defects repaireD. 320, scrap: 60
A. 71.33%
B. 72.66%
C. 73.79%
D. 77.93%
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. Pareto Principle
C. Balance Equation
D. Connection Principle
Using this data calculate the percentage of DPU.
A. 2.74
B. 3.23
C. 4.56
D. 5.93
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
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
The Hardware Store ordered ten lawn mower from the manufacturer and just before shipping the manufacturer found one to have a motor that wouldn't start. For the manufacturer this would be categorized as what type of cost?
A. Internal Failure Costs
B. External Failure Costs
C. Prevention Costs
D. Appraisal Costs
Cost of Poor Quality (COPQ) can be classified as Visible Costs and Hidden Costs. All these items are Hidden Cost except __________________.
A. Lost Customer Loyalty
B. Returns
C. Time Value of Money
D. Late Delivery
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only IASSC exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your IASSC-ICBB exam preparations and IASSC certification application, do not hesitate to visit our Vcedump.com to find your solutions here.