Reference no: EM131427555
True or false
1. Lean is just a set of tools.
2. Six Sigma is only for reducing variation.
3. It is important to partner with suppliers, challenge and grow employees, and to develop a long term philosophy in order to be successful in Lean.
4. Lean and Six Sigma can be used together to create an environment which can reduce variation and waste, embrace continuous improvement, and develop employees into problem solvers
5. Mass production is never more efficient than lean production.
6. There is no way to avoid loss of jobs as a result of successful operation management strategies.
7. It is NOT important to design corporate goals and key performance indicators (KPIs) that drive the organization towards common initiatives.
8. Inventory is a common waste because it acts as a buffer and hides problems.
9. The pareto principle of 80/20 is a rule of thumb and not a law of the universe.
10. Well written mission and vision statements should be the foundation for a company’s core competencies, goals, KPIs and balanced scorecards.
|
What is father priors vision for the monastery
: What is Father Prior's vision for the monastery? What is his vision for 1-Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? What is your assessment of Mystic Monk Coffee’s customer value proposition (i.e. in what unique ways ..
|
|
Drawbacks associated with conducting an interview survey
: What are some of the drawbacks associated with conducting an interview survey? Do you feel that respondents will be as honest in a face to face interview as they would on an anonymous questionnaire? Why or why not?
|
|
Similarity and differences of invitation to bid with offer
: How can we screen resumes effectively, given the sheer volume received? Can you find a new product or service that was relatively recently released and describe how the launch was executed? Define which are the most important Fixed costs and Variable..
|
|
What due process and burden of proof
: Last year, the National Football League (NFL) suspended Tom Brady, the starting quarterback for the New England Patriots, for four games for allegedly deflating footballs during the 2015 AFC Championship Game. What "due process" is owed to Tom Brady ..
|
|
Six sigma is only for reducing variation
: Lean is just a set of tools. Six Sigma is only for reducing variation. It is important to partner with suppliers, challenge and grow employees, and to develop a long term philosophy in order to be successful in Lean.
|
|
Uses techniques from toyota production system
: Which of the following uses techniques from Toyota Production System (TPS) and JIT to eliminate waste and non-value added activities? Some benefits of the balanced scorecard include: Business Process Design (BPD) is also adequately named the followin..
|
|
Some management commentators
: Some management commentators have argued that job (or position) descriptions are not necessary, that they are simply unneeded paperwork that occupy file space and that they are not particularly useful.
|
|
Write a brief scenario example of a unilateral contract
: Write a brief scenario example of a unilateral contract. Write in paragraph format. Explain why/how your example above is a unilateral contract. Write your explanation as if you were explaining and teaching the concepts to the class.
|
|
Mergers and acquisition and the affordable care act
: Describe each of the following as they pertain to an organization: consolidation, mergers, and acquisitions. Research consolidations, mergers and acquisition and the Affordable Care Act (ACA). What would you project to be the influence of any of thes..
|