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IND 123 Final Exam Questions With Correct Answers

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IND 123 Final Exam Questions With Correct Answers /. The Improve phase of the project is where the company hopes to realize a ____________. - Answer-Return on investment /.Which of the following is an activity of the team during the Improve phase of the project? - Answer-All of the above /.________is a way of confirming that a chosen solution is the right one so effective change can be made. - Answer-Experimentation /.Once we have the ______, the operator can use them to identify trends and out-of-control conditions. - Answer-Control limits /.Plans regarding the future attention needs of a newly completed project would be covered in the _________ plan. - Answer-Response /.Sigma comes from statistics and represents the ______ of a measurement based upon a group of similar occurrences. - Answer-Standard deviation /.Six Sigma is a management ______ that targets the need to reduce costs and defects. - Answer-Philosophy /.The team's efforts in the ______ stage of DMAIC are to produce as many ideas as possible for a solution. - Answer-Improve /.The Balanced Scorecard focuses a company's attention on four views off their vision and strategy. those four views are _________. - Answer-Financial, internal business processes, employees learning and growth, and customers. /.The Voice of the Customer (VOC) is used to identify project ideas based upon _________. - Answer-Employee satisfaction (internal clients) , Customer expectations (external clients) /.Customers are a source of ______for the company about how well their expectations are being met by the company's products and services. - Answer-Feedback /.The______ can be divided into several layers to indicate the value added at each level within the company. - Answer-Value chain

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IND 123
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IND 123

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IND 123 Final Exam Questions With
Correct Answers

/. The Improve phase of the project is where the company hopes to realize a
____________. - Answer-✅Return on investment

/.Which of the following is an activity of the team during the Improve phase of the
project? - Answer-✅All of the above

/.________is a way of confirming that a chosen solution is the right one so effective
change can be made. - Answer-✅Experimentation

/.Once we have the ______, the operator can use them to identify trends and out-of-
control conditions. - Answer-✅Control limits

/.Plans regarding the future attention needs of a newly completed project would be
covered in the _________ plan. - Answer-✅Response

/.Sigma comes from statistics and represents the ______ of a measurement based
upon a group of similar occurrences. - Answer-✅Standard deviation

/.Six Sigma is a management ______ that targets the need to reduce costs and defects.
- Answer-✅Philosophy

/.The team's efforts in the ______ stage of DMAIC are to produce as many ideas as
possible for a solution. - Answer-✅Improve

/.The Balanced Scorecard focuses a company's attention on four views off their vision
and strategy. those four views are _________. - Answer-✅Financial, internal business
processes, employees learning and growth, and customers.

/.The Voice of the Customer (VOC) is used to identify project ideas based upon
_________. - Answer-✅Employee satisfaction (internal clients)
,
Customer expectations (external clients)

/.Customers are a source of ______for the company about how well their expectations
are being met by the company's products and services. - Answer-✅Feedback

/.The______ can be divided into several layers to indicate the value added at each level
within the company. - Answer-✅Value chain

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IND 123
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IND 123

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