QDM Study Questions And Answers With Verified Study Solutions
7 views 0 purchase
Module
QDM Expert
Institution
QDM Expert
QDM Study Questions And Answers With Verified Study Solutions
The 1-10-100 rule stays that every $1 spent doing things right the first time avoids... ANS - $10 for the correction
- $100 for the failure
Please select all true statements about QDM... ANS - QDM is the way FedEx optimizes its bu...
qdm study questions and answers with verified stud
qdm study questions and answers
the 1 10 100 rule stays that every 1 spent doing
Written for
QDM Expert
QDM Expert
Seller
Follow
Nipsey
Reviews received
Content preview
QDM Study Questions And Answers With Verified
Study Solutions
The 1-10-100 rule stays that every $1 spent doing things right the first time avoids... ANS - $10 for the
correction
- $100 for the failure
Please select all true statements about QDM... ANS - QDM is the way FedEx optimizes its business
processes
- One goal of QDM is to deliver the superior experiences that customer expect
- QDM helps deliver superior business performance by minimizing effort, time, and cost
Select all of the options below that are key principles of QDM... ANS - Customers define quality
- View failures as opportunities
- Optimize business performance
- Measure, measure, measure
- Quality involves teamwork
- Be scientific
The ABLE acronym stands for... ANS Assess, build, launch, evaluate
Please select the methodologies that contribute to QDM... ANS - Lean
- ISO
- Six Sigma
- Baldridge
QDM is a unique philosophy and methodology, based on a belief - embedded in the FedEx culture - that
quality is everyone's job. ANS True
Which of the following are true about how QDM applied to your daily work... ANS - If you see a problem,
fix it
- Take ownership of your work and do it in the best possible way
, QDM applies to every... ANS - Function
- Business unit
- Activity
- FedEx Operating Company
Metrics such as SQI, KPI, or tools such as dashboards or scorecards can help organizational goals... ANS
True
When using the 5 Why's to uncover the root cause of a problem, you should ask the question "Why?"... ANS
As many times as it takes to uncover the root causes
Match the RACI category to the degree of engagement in a project ANS Responsible - does the work
Accountable - responsible for outcomes
Consented - approve project impact
Informed - notified about project impact
This graphic is used in the measure, measure, measure principle of QDM. It is an example of which of the
following? ANS Run Chart
Which of these statements apply to the six QDM principles? ANS - Problems must be embraced as
opportunities for improvement, not as a time to assign blame
- Listening to the VOC requires us to take an "outside in" perspective
- By optimizing performance, you can minimize waste
- Focus your work on those items yielding the greatest improvement
"All of our quality efforts must come from an understanding of what our customers want and expect" is a
statement of which QDM principle? ANS Customers define quality
How does being scientific support our QDM efforts? ANS - Guides you to base decisions on facts and data
- Allows you to create solutions that address real underlying problems
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Nipsey. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £9.09. You're not tied to anything after your purchase.