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anygoal [31]
3 years ago
13

Whether an existing business process is being improved or a completely new business process is being​ created, the first step in

the Six Sigma approach is to A. define the goals. B. analyze the process. C. refine the process. D. describe the steps.
Business
1 answer:
PIT_PIT [208]3 years ago
8 0

Answer:

A) define the goals. (part of define the problem)

Explanation:

The 5 stages of the Six Sigma process (DMAIC) are:

  1. <u>D</u>efine the problem: involves defining the problem statement ⇒ the reasons for creating or improving the process ⇒ define the goals of the process ⇒ establish a timeline ⇒ determine the scope of the project ⇒ choose the team that will be in charge of carrying out the project.  
  2. <u>M</u>easure or quantify the problem.
  3. <u>A</u>nalyze and identify the cause of the problem.
  4. <u>I</u>mprove by solving the root cause of the problem and verify the improvement.
  5. <u>C</u>ontrol the improvements and pursue perfection.

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Answer: D

Explanation:

It's best to review your notes and clarify to make sure that you understand what the speaker has said grasped the idea.

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3 years ago
Which of the followings
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I would budget for D. Budget for the unexpected.
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3 years ago
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Tangshan Industries has issued a bond which has a​ $1,000 par value and a 15 percent annual coupon interest rate. The bond will
mina [271]

Answer:

B. 10.79 percent

Explanation:

yield to maturity = [150 + (1250 - 1000/10)]/[(1250 + 1000/2)]

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3 years ago
Place the steps for finding the EOQ in a quantity discount model with variable H in the correct order.
ira [324]

The steps for finding the EOQ in a quantity discount model with variable H are:

  1. The optimal point is the quantity that yields the lowest cost
  2. Start with the lowest price
  3. If the minimum point is feasible
  4. Otherwise, compare total costs

What is the Economic Order Quantity(EOQ)?

The Economic Order Quantity is the ideal quantity of units a company should purchase to meet demand while minimizing inventory, costs such as holding costs, shortage costs, and order costs.

The economic order quantity formula assumes that demand, ordering and holding costs all remain constant.

Learn more about Economic Order Quantity here:

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4 0
11 months ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
Darina [25.2K]

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is.  When demand is more elastic then a fall in price will be less when supply increases.

7 0
3 years ago
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