LSSGB: What is the definition of Inventory type of waste?

OPTIONS Storing parts at other location Any supply in excess to process requirements necessary to produce goods or services just-in-time Wrong parts in inventory Finding and removing defective inventory from the stock ANSWER Any supply in excess to process requirements necessary to produce goods or...
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LSSGB: Find the probability

If the probability of a car starting on a cold morning is 0.6, and we have two such cars. What is the probability of at least one of the cars starting on a cold morning? OPTIONS 0.84 0.81 0.6 0.36 ANWER 0.84 EXPLANATION This question...
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LSSGB: What is Lean philosophy?

OPTIONS Provide perfect value to the customer through a perfect value creation process that has zero waste Continuous Improvement Higher output by encouraging people to work hard and have targets Reducing cost and improving purchasing power for the individuals ANSWER Provide perfect value to the...
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LSSGB: What is the concept behind PDCA?

OPTIONS The Deming/Shewhart cycle Process flow Continuous improvement Satisfying suppliers ANWER Continuous improvement EXPLANATION The key question phrase is “concept behind.” Option b is inappropriate and does not fit the question. Option a would be correct if the question requested another name for PDCA. Answer...
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