Lean tools and techniques - Study guides, Class notes & Summaries

Two primary aspects of a Lean-Agile mindset - Answer Thinking lean & embracing agility SAFe is based on three bodies of knowledge - what are they? - Answer Agile development, systems thinking, and lean product development What are the pillars for the SAFe House of Lean? What is the goal? - Answer Respect for people and culture, flow, innovation and relentless improvement; the goal is delivering value What is the key to successfully executing SAFe? - Answer Establish a contin...

Quality - Answer-The degree of excellence of a product or service and conformance to the customer requirements. What is Six Sigma? - Answer-A business methodology that employs a customer centric and fact-based approach to reduce process variation and waste. DMAIC stands for ? - Answer-Define, Measure, Analyze, Improve, Control The five levels in the Six Sigma Team - Answer-Green belts, Black belts, Master Black belts, Champions, Executives Apart from financial accounting, Business Sc...

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...

Six Sigma Green Belt Certification Exam - Questions and Answers What is the key benefit of multi-var charting? it assists in the breakdown of components of variation such as positional, cyclical, and temporal Deciding to collect sample from a population is often an economical decision A Six Sigma project had a lot of improvement measures suggested on training people, setting standardized job instructions, getting surveys done from employees, and so on. Who would be the focused audience for who...

Which approach is described as an agnostic hybrid technique that draws upon many different ideas? - Answer- Disciplined Agile What are the three phases of DAD's delivery life cycle? - Answer- Inception, Construction, Transition Which is not a feature of a user story? - Answer- Achievable What is the purpose of an iteration retrospective? - Answer- To transfer knowledge and improvements to the next iteration In Team Estimation - Answer- you first estimate the relative sizes of all st...

What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap What is the total elapsed time from when the customer first recognizes need to ...

SAFe Scrum Master Exam- Questions & All Correct Answers SAFe Scrum Master Exam- Questions & All Correct Answers Two primary aspects of a Lean-Agile mindset - ANSWER - Thinking lean & embracing agility SAFe is based on three bodies of knowledge - what are they? - ANSWER - Agile development, systems thinking, and lean product development What are the pillars for the SAFe House of Lean? What is the goal? - ANSWER - Respect for people and culture, flow, innovation and relentless improvemen...

SAFE SCRUM MASTER EXAM | QUESTIONS AND ANSWERS | GRADED A+ | Two primary aspects of a Lean-Agile mindset – Thinking lean & embracing agility SAFe is based on three bodies of knowledge - what are they? – Agile development, systems thinking, and lean product development What are the pillars for the SAFe House of Lean? What is the goal? – Respect for people and culture, flow, innovation and relentless improvement; the goal is delivering value What is the key to successfully execu...

BUSOBA 3230 Final Exam | Questions with Verified Answers Any set of activities performed by an organization that takes inputs and transforms them into outputs ideally of greater value to the organization than the original inputs. Process The average time between completions of successive units in a process Cycle Time The ratio of the time that a resource is actually activated relative to the time that it is available for use. Utilization A ______________ process is activated only in response t...

BUAD 331 Exam 3 | Questions with Verified Answers Which of the following is not a technique for fulfilling customer orders? A. Supply cycle time B. Anticipate form, time, and place C. Full Postponement D. Make to stock, postpone time/place Define order cycle time. A. The total cost of ownership combined with the customer value of a product B. The total elapsed time from when the customer first recognizes need to when that need is ultimately fulfilled C. The total elapsed time from when the cus...