OPTIONS > $200,000 annually $150,000 – 175,000 $50,000 – $75,000 $100,000 – $125,000 ANSWER > $200,000 annually EXPLANATION Though financial savings depend entirely project-project, at the end of the day you would find that a Black Belt project should save at least $200,000.
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OPTIONS ProcessProblemFinancial benefitsThe degree of the problem ANSWER The degree of the problem EXPLANATION Degree of the problem is not a pre-requisite.
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OPTIONS Pugh Matrix Design of Experiments Function Deployment Matrix Brainstorming Project Prioritization Matrix ANSWER Pugh Matrix EXPLANATION Pugh Matrix is the universal tool known for this purpose..
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OPTIONS Tree Diagram Brainstorming QFD Affinity Diagram ANSWER Affinity Diagram EXPLANATION An affinity diagram helps the team to categorize the comments in groups, which is important. Post using the Affinity diagram, the Black Belt can use QFD, but to answer this question Affinity Diagram is...
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OPTIONS Accuracy Repeatability Bias Linearity ANSWER Accuracy EXPLANATION Accuracy of a measurement system is an assumed metric.
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OPTIONS Internal External Functional Competitive ANSWER Internal EXPLANATION Internal benchmarking accomplishes the objective discussed in the question.
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OPTIONS VOC Cause Effect Matrix QFD None of the above ANSWER QFD EXPLANATION QFD is the best tool to use here although one may want to use CE Matrix, QFD is preferred because of its robustness.
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OPTIONS Strategies prices inventory cycle time ANSWER inventory EXPLANATION One of the significant impacts of Batch Size is inventory.
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OPTIONS Hoshin Kanri Enryo Genchi Genbutsu Kaizen ANSWER Genchi Genbutsu EXPLANATION Hoshin Kanri is a planning tool. Kaizen is a sustained CI event while Enryo is a philosophy. Thus Genchi Genbutsu is correct.
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OPTIONS Kobetsu Kaizen VSM Gemba Genchi Genbutsu ANSWER Genchi Genbutsu EXPLANATION Correct answer: (D) Gemba walks are referred to as going to the shop floor, but Genchi Genbutsu is the tool that is used to identify problem proactively from the floor.
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