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.
Read More
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.
Read More
OPTIONS residuals convergence error non-response bias estimators ANSWER residuals EXPLANATION The difference between actual and predicted points is called residuals.
Read More
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.
Read More
Machines A and B have been showing disparate efficiency and defects per unit rate despite similar variation in quality at purchase time. If the mean squares between the 2 machines is 250 and the mean square from each machine 100, what is the value of...
Read More
OPTIONS Multiple regression ANOVA Paired-difference testS Z-test ANSWER ANOVA EXPLANATION ANOVA is a statistical test that evaluates the difference among means of three or more samples. In this example , each of the eight tyres could be tested and the average expected mileage is recorded....
Read More
OPTIONS Non-response error Confidence interval Lazy consumer error Mailing error ANSWER Non-response error EXPLANATION Since 94% of the customers have not responded to the surveys, it is termed as non-response error.
Read More
OPTIONS 1.33 standard deviation 1.67 standard deviation 1.96 standard deviation 2.67 standard deviation ANSWER 1.33 standard deviation EXPLANATION The interquartile range of a normal distribution is 1.33 standard deviations.
Read More
OPTIONS Sigma Standard deviation Sum of squares Sum of rectangles ANSWER Standard deviation EXPLANATION In standard deviation calculations, “s” stands for standard deviation.
Read More
OPTIONS F-test Tukey Kramer Levene test for homogeneity of variance Tukey multiple comparison ANSWER Tukey multiple comparison EXPLANATION Tukey Multiple Comparison is not a one-way analysis of variance.
Read More