FREE Lean Six Sigma Yellow Belt Certification Questions and Answers
One of the ways to judge the performance of a Lean Six Sigma project is to look at the ROI of the project, which is a measuring metric that stands for Return on Investment.
ROI stands for Return on Investment, and it is a measurement metric used to assess the success and financial impact of various projects, including Lean Six Sigma projects. ROI is calculated by comparing the net profit (or benefits) generated by a project to the initial investment cost.
Al bought a portable GPS from his local electronics shop. It failed after he typed an address. This falls under the category of costs for the GPS maker.
External Failure Costs are costs incurred as a result of defects or problems that are discovered by customers after the product has been delivered or used. In this case, the GPS manufacturer would need to deal with the consequences of the product not working as intended, such as customer dissatisfaction, potential returns, repairs, replacements, warranty claims, and possibly even damage to their reputation. These costs are considered external because they occur outside the company's control after the product has left their premises.
The loan processer can now handle more applications because A Belt has ruled that accounting does not need to review the loan application. Under the definitions of Cost of Poor Quality (COPQ), RTY improvement would be .
The Pareto Chart is a graphical tool used in quality management and process improvement to display data in a way that highlights the most significant factors contributing to a particular issue. It's based on the Pareto principle, also known as the 80/20 rule, which states that roughly 80% of effects come from 20% of causes.
What exactly is a control chart?
In order to track process performance over time and identify trends and patterns, charts called control charts are utilized. It is a crucial tool in Lean Six Sigma that is used to track a process' performance and guarantee that the gains are maintained over time. An organization may visualize process performance and spot trends and patterns in the data by using a control chart, which shows process performance data across time. Organizations may use a control chart to spot changes in process performance that can point to the need for more improvement and to take action to maintain the process improvements already accomplished.
A process is said to operate at a Six Sigma level when there are fewer than faults for every million opportunities.
Swim Lanes, also known as functional bands or swim lanes, are a visual representation feature added to Process Maps to indicate different departments, teams, or individuals involved in a process. Each swim lane is typically labeled with the name of the department or role it represents. This helps provide a clear and organized view of how different parts of the process interact and who is responsible for each step.
What is the goal of the Six Sigma methodology?
The Six Sigma technique seeks to identify and solve issues in a process by using data-driven decision making. It focuses on gathering and analyzing data to find areas that might require improvement as well as employing statistical analysis to find the source of issues and put good remedies in place. Six Sigma aims to raise process quality and effectiveness, decrease mistakes and flaws, and boost customer satisfaction.
Focusing on ______ while enhancing process flow to achieve speed and agility at a lesser cost is the essence of Lean.
Lean is a methodology that originated from Toyota's production system and focuses on optimizing processes by eliminating waste, improving flow, and enhancing efficiency. The ultimate goal is to deliver value to customers while minimizing costs and maintaining flexibility.
How does Lean Six Sigma work?
Combining aspects of Lean and Six Sigma, Lean Six Sigma is a process improvement approach. In contrast to Six Sigma, which emphasizes data-driven problem resolution and process improvement, Lean focuses on minimizing waste and increasing efficiency. Combining Lean and Six Sigma offers a thorough approach to process optimization, assisting businesses in locating and eliminating waste while boosting productivity and customer satisfaction.
The acronym DMAIC stands for Define, __, Analyze, Improve, and Control in the DMAIC problem-solving approach.
Measure and collect relevant data to quantitatively assess the current state of the process. This involves identifying key metrics, data collection methods, and establishing a baseline.
What exactly is a control plan?
A Control Plan outlines a strategy for monitoring and maintaining process improvements. It is an important component of Lean Six Sigma's Control phase of the DMAIC process. A control plan describes the actions that will be done to monitor and maintain the process improvements, including who will be in charge of doing so, the metrics that will be employed to gauge advancement, and how the process will be kept up over time. Organizations may make sure that the advantages of process changes are maintained over time by employing a Control Plan, which leads to long-term process improvement and higher customer satisfaction.
Which of the following is least likely to be a CTQ (Critical-to-Quality) when purchasing a product?
It's unlikely that "none" would be a CTQ (Critical-to-Quality) attribute for product purchase.
Critical-to-Quality (CTQ) attributes are specific characteristics or requirements of a product or service that have a significant impact on customer satisfaction and are crucial to meeting customer needs and expectations. In the context of a product purchase, CTQs are the factors that customers consider essential for the product to fulfill its intended purpose and provide value.
Describe the DMAIC process.
The DMAIC method uses data and statistical analysis to improve processes. It is a fundamental Lean Six Sigma methodology and stands for Define, Measure, Analyze, Improve, and Control. DMAIC offers a methodical methodology for finding and fixing issues in a process, utilizing data-driven decision making to pinpoint problem areas, make adjustments, and monitor improvement.
When we evaluate the Voice of the Customer, we try to identify the gaps in our procedures between "what is" and .
When assessing the Voice of the Customer (VoC), one of the primary goals is to identify the gaps between "what is" and "what should be" in your processes. The Voice of the Customer refers to the feedback, needs, and expectations of your customers regarding your products or services.
A Lean methodology is what?
Lean is a way for reducing waste and maximizing efficiency in company processes. It is concentrated on locating and getting rid of waste in a process, including actions that don't benefit the consumer, and simplifying procedures to improve efficiency. Lean management aims to eliminate bottlenecks and other obstructions from the work flow so that processes run more efficiently and customers are more satisfied.
What exactly is a Value Stream Map (VSM)?
The flow of materials, information, and activities is shown graphically in a Value Stream Map (VSM), which is a depiction of a process. To find waste in a process and create improvement plans, Lean methodology is utilized. A VSM offers a visual depiction of the process, showing the flow of materials and information, how long it takes to complete each stage, and any bottlenecks or other potential roadblocks. Organizations may use a VSM to pinpoint areas where they need to improve as well as to create plans to save waste and boost process effectiveness.
Which of the following would give benefits and working conditions the most consideration?
"Voice of the Employee" (VoE) is a concept similar to "Voice of the Customer" (VoC), but it focuses on collecting and understanding the feedback, opinions, and insights of employees within an organization. VoE aims to gather information about employees' experiences, needs, concerns, and perspectives related to their work environment, job roles, benefits, and working conditions.