As per the Risk and Return evaluation matrix for Six Sigma projects, projects that are low hanging fruit have a
A) low risk factor and low return factor.
B) high risk factor and low return factor.
C) low risk factor and high return factor.
D) high risk factor and high return factor.
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As per the Risk and Return evaluation matrix for Six Sigma projects, projects that are home runs have a
A) low risk factor and low return factor.
B) high risk factor and low return factor.
C) low risk factor and high return factor.
D) high risk factor and high return factor
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Which of the following is not one of the seven wastes identified by Shigeo Shingo in a process?
A) Waste of overproduction
B) Waste of inventories
C) Waste of excess capacity
D) Waste of motion
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The wastage due to overproduction is known as kaizen.
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Kanban is a statistical tool used for quality management and process improvement.
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A withdrawal kanban card is usually used when a defective part is received.
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A production kanban card usually contains bill of materials information for incoming parts or components.
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The Japanese term for continuous improvement is kaizen.
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N = 4 is a form of a lean acceptance sampling technique.
[True or False]
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Quality Circles are round shaped statistical tools used for quality management and process improvement.
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