MBA 745 Module 1
fully solved & updated
what are the 5 principles of lean - answer 1. specify value
2. identify value streams
3. create flow
4. leverage pull
5. seek perfection
what are the three types of value - answer 1. value add
2. business value add
3. non value add
what type of value is activities which are necessary for meeting
customer requirements - answer value add
what type of value is activities which are necessary for meeting
other stakeholder requirements - answer business value add
what type of value is activities not valued by stakeholders - answer
non value add
what are the 7 classic types of waste - answer 1. defects
2. movement
3. inventory
4. poor processing
5. waiting
6. over production
, 7. motion
what are the two types of waste gaining acceptance as lean evolves
- answer 1. underutilized employee capabilities
2. environmental waste
what is an act or instance of using or expending something
carelessly, extravagantly, or to no purpose - answer waste
what are the 7 problem solving tools used to eliminate waste -
answer 1. value stream mapping
2. standard work
3. mistake proofing
4. changeover reduction
5. root cause analysis
6. visual controls
7. the 5S system
what term means continuous improvement - answer kaizen
what term means lightning fast - answer blitz
what term means lightning fast continuous improvement - answer
kaizen blitz
creating the vision of a sustainable organization & defining a lean
transformation program as a strategic initiative are two key
responsibilities for who - answer a leadership team
fully solved & updated
what are the 5 principles of lean - answer 1. specify value
2. identify value streams
3. create flow
4. leverage pull
5. seek perfection
what are the three types of value - answer 1. value add
2. business value add
3. non value add
what type of value is activities which are necessary for meeting
customer requirements - answer value add
what type of value is activities which are necessary for meeting
other stakeholder requirements - answer business value add
what type of value is activities not valued by stakeholders - answer
non value add
what are the 7 classic types of waste - answer 1. defects
2. movement
3. inventory
4. poor processing
5. waiting
6. over production
, 7. motion
what are the two types of waste gaining acceptance as lean evolves
- answer 1. underutilized employee capabilities
2. environmental waste
what is an act or instance of using or expending something
carelessly, extravagantly, or to no purpose - answer waste
what are the 7 problem solving tools used to eliminate waste -
answer 1. value stream mapping
2. standard work
3. mistake proofing
4. changeover reduction
5. root cause analysis
6. visual controls
7. the 5S system
what term means continuous improvement - answer kaizen
what term means lightning fast - answer blitz
what term means lightning fast continuous improvement - answer
kaizen blitz
creating the vision of a sustainable organization & defining a lean
transformation program as a strategic initiative are two key
responsibilities for who - answer a leadership team
