CME CME Operations Management & Process Improvement

Question 1

Which process improvement methodology focuses on reducing defects to fewer than 3.4 per million opportunities?

Accepted Answer

Six Sigma

Answer

Six Sigma aims to reduce process defects to fewer than 3.4 per million opportunities using DMAIC or DMADV frameworks.

Question 2

In operations management, what does the acronym 'JIT' stand for?

Accepted Answer

Just-In-Time

Answer

JIT (Just-In-Time) is an inventory strategy that reduces waste by receiving goods only as they are needed in the production process.

Question 3

Which tool is commonly used in operations management to visually map the flow of materials and information in a production process?

Accepted Answer

Value Stream Mapping

Answer

Value Stream Mapping is a Lean tool that visually depicts every step in the flow of materials and information to identify waste and improvement opportunities.

Question 4

A manager wants to identify the most frequent causes of defects in a manufacturing process. Which tool would be most appropriate?

Accepted Answer

Pareto Chart

Answer

A Pareto Chart applies the 80/20 rule to prioritize the most significant defect causes, helping managers focus improvement efforts effectively.

Question 5

What is the primary goal of the 'Theory of Constraints' (TOC) in operations management?

Accepted Answer

Identify and remove the bottleneck limiting system output

Answer

TOC focuses on identifying and exploiting the single constraint (bottleneck) that limits an organization's ability to achieve its goal.

(CME) Certified Management Executive Practice Test

(CME) Certified Management Executive Practice Test

CME CME Operations Management & Process Improvement