When doing a measurement on the correlation of a consumer's monthly income and their discretionary spending amount, this measurement system is best described as
Answer
Continuous
Card 282
Question
When doing a measurement on the correlation of a consumer's monthly income and their discretionary spending amount, this measurement system is best described as:
Answer
Discrete, Continuous
Card 283
Question
When looking at attribute data, this is considered to be qualitative data and is often binary:
Answer
True
Card 284
Question
When looking at data in a LSS project, what are two data types you could use?
Answer
Discrete, Continuous
Card 285
Question
When time is limited, which method is most appropriate in creating a prioritization matrix?
Answer
Consensus method
Card 286
Question
When two Inputs have an impact on the Output together yet seem to have no or little impact on their own this is called a/an ________.
Answer
Interaction
Card 287
Question
Which attribute control charts count the number of defects in products?
Answer
u charts and c charts
Card 288
Question
Which business performance measure is calculated by subtracting current cash outflows from current cash inflows?
Answer
Net Present Value
Card 289
Question
Which element of waste best describes “the cost of an idle resource”?
Answer
Waiting
Card 290
Question
Which is a method used to assist with root cause analysis?
Answer
Brainstorming
Card 291
Question
Which is an example of defect prevention to consider in your execution of the control phase of your project?
Answer
Poka-Yoke
Card 292
Question
Which is NOT one of the five principles of lean thinking?
Answer
Employee Satisfaction
Card 293
Question
Which key performance indicator is calculated by subtracting current costs from ideal costs?
Answer
Cost of Poor Quality
Card 294
Question
Which lean concept describes an improvement initiative in a specific area, by a number of individuals from different groups, over a short period of time?
Answer
Kaizen Blitz
Card 295
Question
Which of the following is a benefit of implementing a visual factory?
Answer
A safer workplace environment.
Card 296
Question
Which of the following is an example of a dependent variable?
Answer
Amount of liquid absorbed by a napkin
Card 297
Question
Which of the following is NOT a benefit of continuous improvement?
Answer
Higher inventory levels
Card 298
Question
Which of the following tools can be used to identify and quantify the source of a problem?
Answer
Pareto Chart
Card 299
Question
Which of these tools could be used to represent the critical path of a process?
Answer
Gantt Chart
Card 300
Question
Which option represents the main characteristic indicating a significant interaction on an interaction plot?
Answer
Non-parallel lines
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