OIS 5650 (Quizzes) Questions with Correct Answers Latest Update 2026/2027
What is commonly an important element in any improvement methodology? - Answers
communication
In today's business environment, application of lean principles is _________ - Answers a strategic
weapon
What size is usually needed for a sample size to be considered credible or statistically
significant? - Answers 30
Aside from a terrorist act, or catastrophic technical problem, a commercial plane crash is
invariably errors of? - Answers teamwork and communication
A six sigma organization strives to have what percent of events fall within six sigma? - Answers
99.9997%
What are the 5 S's in the 5s methodology? - Answers Sort
Set in order
Shine
Standardize
Sustain
What is the most common type of data distribution? - Answers normal distribution
Edwards Deming is best known for - Answers TQM
In the book "The Goal," Goldratt introduced the concept of _________ - Answers TOC (theory of
constraints)
In the context of this class, inventory in a production line is always a good thing - Answers It
depends
The reason (or more likely reasons) Joe Flom became widely successful was because... -
Answers He practiced his skills (M&A) in relative anonymity and then the market changes and
his services were in high demand
Chris Langan won how much money on 1 vs 100 - Answers $250,000
According to Gladwell, which of the following statements is most true regarding intelligence? -
Answers a minimum intelligence level (around 120) is required to succeed, then other factors
begin to have more weight
the Bible, without vision, people will _________ - Answers perish
, Significant wealth is often determined by... - Answers -being born into the right family
-being born in the right year(s)
-being born with sufficient IQ
Why did Korean Airlines struggle with an excessive number of crashes? - Answers because of
cultural communication problems
Bill Joy was most greatly benefitted by... - Answers University of Michigan's computer lab
According to Gladwell in Outliers, frequently, people with Chinese heritage are better at math
because... - Answers language
Korean Airline's crash problems are best solved using... - Answers a systematic problem solving
approach along with understanding of cultures and language
To succeed as a leader of continuous improvements effort, which skill(s) are most critical? -
Answers having a vision and appropriately setting expectations to stake holders
What is the theory of constraints primary objective? - Answers improve throughput (sales)
If you go look at a factory, an operation that has a constraint (Herbie) will likely have... - Answers
a pile of inventory in front of the bottleneck
Taking cans of food and other items out of Herbie's backpack is analogous to... - Answers
elevating and improving the bottleneck
According to Jonah, typical cost accounting principles... - Answers often counter to
understanding operational expenses in the Theory of Constraints methodology
Statistical variance usually... - Answers is cumulative
The Socratic Method described by "The Goal" requires - Answers finding solutions through
struggles and inquiry for questions that are posed to you
Theoretically, the best place for a bottleneck is... - Answers at the beginning of the line
Jonah encourages Alex to... - Answers stop trying to balance the factory and start balancing
flow of material through the factory
the following are ways to increase throughput at the bottleneck - Answers -improve set
up/change times
-change the break schedule of employees
-obtain an older tool that still is able to operate at minimum requirements
What is commonly an important element in any improvement methodology? - Answers
communication
In today's business environment, application of lean principles is _________ - Answers a strategic
weapon
What size is usually needed for a sample size to be considered credible or statistically
significant? - Answers 30
Aside from a terrorist act, or catastrophic technical problem, a commercial plane crash is
invariably errors of? - Answers teamwork and communication
A six sigma organization strives to have what percent of events fall within six sigma? - Answers
99.9997%
What are the 5 S's in the 5s methodology? - Answers Sort
Set in order
Shine
Standardize
Sustain
What is the most common type of data distribution? - Answers normal distribution
Edwards Deming is best known for - Answers TQM
In the book "The Goal," Goldratt introduced the concept of _________ - Answers TOC (theory of
constraints)
In the context of this class, inventory in a production line is always a good thing - Answers It
depends
The reason (or more likely reasons) Joe Flom became widely successful was because... -
Answers He practiced his skills (M&A) in relative anonymity and then the market changes and
his services were in high demand
Chris Langan won how much money on 1 vs 100 - Answers $250,000
According to Gladwell, which of the following statements is most true regarding intelligence? -
Answers a minimum intelligence level (around 120) is required to succeed, then other factors
begin to have more weight
the Bible, without vision, people will _________ - Answers perish
, Significant wealth is often determined by... - Answers -being born into the right family
-being born in the right year(s)
-being born with sufficient IQ
Why did Korean Airlines struggle with an excessive number of crashes? - Answers because of
cultural communication problems
Bill Joy was most greatly benefitted by... - Answers University of Michigan's computer lab
According to Gladwell in Outliers, frequently, people with Chinese heritage are better at math
because... - Answers language
Korean Airline's crash problems are best solved using... - Answers a systematic problem solving
approach along with understanding of cultures and language
To succeed as a leader of continuous improvements effort, which skill(s) are most critical? -
Answers having a vision and appropriately setting expectations to stake holders
What is the theory of constraints primary objective? - Answers improve throughput (sales)
If you go look at a factory, an operation that has a constraint (Herbie) will likely have... - Answers
a pile of inventory in front of the bottleneck
Taking cans of food and other items out of Herbie's backpack is analogous to... - Answers
elevating and improving the bottleneck
According to Jonah, typical cost accounting principles... - Answers often counter to
understanding operational expenses in the Theory of Constraints methodology
Statistical variance usually... - Answers is cumulative
The Socratic Method described by "The Goal" requires - Answers finding solutions through
struggles and inquiry for questions that are posed to you
Theoretically, the best place for a bottleneck is... - Answers at the beginning of the line
Jonah encourages Alex to... - Answers stop trying to balance the factory and start balancing
flow of material through the factory
the following are ways to increase throughput at the bottleneck - Answers -improve set
up/change times
-change the break schedule of employees
-obtain an older tool that still is able to operate at minimum requirements
