Sub optimization - Study guides, Class notes & Summaries

(IN) - Great work relationships satisfy purpose to help organizations operate indefinitely. <.> Y - Page 9 Organizations need Purpose <,> (IN) - Value is defined by revenue and profit. <.> N - (Value is defined by so much more than just revenue, expenses, and profit. It can also come from a person having a sense of pride in a job well done, or from feeling their work has meaning.) Pg 9 Idea of Value is Evolving <,> (IN) - Strong relationships are necessary...

USAF Green Belt Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| Grade A| 100% Correct Q: Which statement about Lean implementation is false? A When Lean and Six Sigma are combined the results are powerful. B Lean minimizes customer value and maximizes waste. C Lean promotes shorter cycle times, faster process times, and higher quality. D Lean implementation is appropriate for office and service organizations. Answer: B Q: Lean manufacturing is most concerned w...

LSCM Prep Exam 1 Questions & Answers 2024/2025 Supply chain network (major S.C. issue) - ANSWERSNetwork system (facilities and supporting transportation services) must be capable and flexible to respond and change with market dynamics. Complexity (major S.C. issue) - ANSWERSIncreased requirements in simplifying and continually evaluating areas of complexity in the various aspects of supply chains Inventory Deployment (major S.C. issue) - ANSWERSIncreased requirements for coordination ...

Foundational Skills (Yellow Belt) Questions and Answers Already Passed Which statement about Lean implementation is false? A. When Lean and Six Sigma are combined the results are powerful. B. Lean minimizes customer value and maximizes waste. C. Lean promotes shorter cycle times, faster process times, and higher quality. D. Lean implementation is appropriate for office and service organizations. B. Lean minimizes customer value and maximizes waste. DSub-optimization... A. Occurs...

Which statement about Lean implementation is false? A. When Lean and Six Sigma are combined the results are powerful. B. Lean minimizes customer value and maximizes waste. C. Lean promotes shorter cycle times, faster process times, and higher quality. D. Lean implementation is appropriate for office and service organizations. : B. Lean minimizes customer value and maximizes waste. DSub-optimization... A. Occurs when each individual function runs at peak performance without considering o...

Which statement about Lean implementation is false? A. When Lean and Six Sigma are combined the results are powerful. B. Lean minimizes customer value and maximizes waste. C. Lean promotes shorter cycle times, faster process times, and higher quality. D. Lean implementation is appropriate for office and service organizations. - ANSWERB. Lean minimizes customer value and maximizes waste. DSub-optimization... A. Occurs when each individual function runs at peak performance without cons...

5 lean principles - -eliminating waste -increasing speed and response throughout -improving quality (reducing variability) -reducing cost -maintaining respect for all workers assembly line balancing - -most difficult part of assembly -workers must be cost trained -U shaped assembly lines keep balance -process layout: flexible, high WIP -assembly layout: little flexibility , low WIP broad view of operations - "thats not my job" center of gravity method - -find location of distributio...

HOSPITALITY REVENUE MANAGEMENT FINAL/ HOSPITALITY REVENUE MANAGEMENT ACTUAL EXAM ELABORATED QUESTIONS AND CORRECTLY ANSWERS 100% ALREADY RANKED. Which two geographic categories are the most important for a hotel GM? You Answered - ANSWER- Market and Tract/Sub-Market The four key considerations when creating a Competitive Set are? - ANSWERParticipation, Proximity, Pricing and Product What is the average number of hotels in a competitive set? - ANSWER- between 5 and 6 When can a compe...

In mindtap go to the left-hand toolbar, select courses, and select this course. You should see a dashboard with the chapters on the left and your recent homework scores on the right. Then on chapter 1 click the down arrow to display all of the sub categories. You should see the last sub category it is chapter 1 review and assignments- click on this then click chapter 1 test prep. This will take you to a page where you can create your own test! What you should do is go to the modules- he...

Six Sigma Practices Questions 2--(ASQ Practice Question Set) Complete Solutions. Which of the following statements describes a reason why companies find Six Sigma valuable? A. Six Sigma provides a customized improvement methodology that can be applied anywhere throughout the business. B. Six Sigma fundamentally changes how a company improves. C. Six Sigma makes no overall changes to the quality of the company's products and services. D. Six Sigma is a long-term approach to ...