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GEB4522 Data Driven Decision Making Final Exam Questions with Correct Answers

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GEB4522 Data Driven Decision Making Final Exam Questions with Correct Answers

Institution
GEB 4522
Course
GEB 4522

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GEB4522 Data Driven Decision Making Final Exam
Questions with Correct Answers
Define, Measure, Analyze, Improve, & Control. Correct Answer-What is
the DMAIC Model?


Six Sigma. Correct Answer-What methodology is the DMAIC model
used?


To ______ the problem and the ideal in terms of the target to achieve.
Correct Answer-What is the purpose of the Define stage?


To collect relevant data about the process and the problem. Correct
Answer-What is the purpose of the Measure stage?


To _______ the process and identify the cause-effect relationship
between inputs and outputs; Identify the vital few root causes. Correct
Answer-What is the purpose of the Analyze stage?


To determine the optimum values for key contributing process inputs.
To implement solutions in order to eliminate the root causes. Correct
Answer-What is the purpose of the Improve stage?


To establish standards and controls to sustain improvements in the long
run. Correct Answer-What is the purpose of the Control stage?

, True Correct Answer-DMAIC is a systematic, objective and fact-based
system of problem solving.


(True or False)


Framing. Correct Answer-Regarding decision traps, which phase of the
decision-making process involves structuring the question and defining
what must be decided within decision-making.


Gathering Intelligence. Correct Answer-Regarding decision traps, which
phase of the decision-making process involves seeking both the
knowable facts and the reasonable estimates of 'unknowables' needed to
make decisions?


Coming to Conclusions. Correct Answer-Regarding decision traps,
which phase of the decision-making process involves building a
systematic approach in order for you to examine different aspects and
make better decisions?


Learning (or failing to learn) from feedback. Correct Answer-Regarding
decision traps, which phase of the decision-making process involves
establishing a system for learning from the results of past decisons?


Plunging in. Correct Answer-Which decision trap is made by beginning
to gather information and reach conclusions without taking time to think
about the root cause of the issue?

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Institution
GEB 4522
Course
GEB 4522

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