Year: 2021

OPTIONS No-value added No-security added Limited effectiveness model Identity theft model ANSWER No-value added EXPLANATION This is a case of non-value added activity.

OPTIONS Using the needs of the customers Introducing multiple layers of middle management Optimizing current activities Providing employees with continuous training ANSWER Introducing multiple layers of middle management EXPLANATION The only odd answer from these options is “introducing multiple layers of middle management.”

OPTIONS It indicates the process is capable in the long-term. It indicates the process is incapable in the short-term. it indicates that the width specifications of the process are unknown. it indicates that the width specifications of the process are known. ANSWER It indicates the...

OPTIONS P chart R Chart C chart X chart ANSWER P chart EXPLANATION The p chart is used when the data can only be whole numbers, as in counting, it is known as discrete (also known as attribute data). The sample is evaluated for only...

OPTIONS Listing alternative courses of action Evaluating the performance of the last project Listing uncertain events Adopting decision criteria ANSWER Evaluating the performance of the last project EXPLANATION Evaluation of the last project is done for Root Cause Analysis. This is not done for subsequent...

Escon is a company that encourages employee autonomy in decision making and has few hierarchical structures. In this environment, delegation of tasks is encouraged and controls over employee initiatives is low. What type of organizational structure is this? OPTIONS Wide Tall Flat Narrow ANSWER Flat...

OPTIONS Exchange Error Estimate Expected ANSWER Exchange EXPLANATION SMED stands for Single Minute Exchange of Die. It means that the Die should be exchanged in not more than 9 minutes.

OPTIONS 5S Kanban Poka-yoke Kaizen ANSWER Kanban EXPLANATION Kanban is a Japanese term that literally means ‘sign-board.’ Kanban is a scheduling system for lean and Just-In-Time (JIT) production.

OPTIONS residuals convergence error non-response bias estimators ANSWER residuals EXPLANATION The difference between actual and predicted points is called residuals.

OPTIONS Organizational block Organizational split Inadequate specialization Confusion of frontline roles ANSWER Organizational block EXPLANATION Typically there are organizational boundaries which might result in people not sharing information. These are typically categorized as organizational block.