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Viktor [21]
3 years ago
11

Six Sigma includes use of tools such as I. descriptive statistics, run charts, and process control charts. II. check sheets, Par

eto charts, and benchmarking. III. Brainstorming, force field analysis, and cause and effect diagrams. IV. counter-seasonal production scheduling.
Business
1 answer:
BabaBlast [244]3 years ago
6 0

Answer: I, II, and III only

Explanation:

Here is the complete question:

Six Sigma includes use of tools such as

I. descriptive statistics, run charts, and process control charts.

II. check sheets, Pareto charts, and benchmarking.

III. Brainstorming, force field analysis, and cause and effect diagrams.

IV. counter-seasonal production scheduling.

Which of the options is correct?

1) I, II, and III only

2) IV only

3) I and II only

4) none of the above

5) all of the above

Answer:

Lean Six Sigma is a method which relies on collaborative team effort in order to improve performance through the removal of waste and reduction in variation.

In lean six sigma, the control chart and run charts are used to know whether the overall process utilised is resulting in the best possible outcome. This is done through the measurement of variation.

Benchmarking is also used in lean six sigma by organizations in comparidon of their output performance to that of a standard. Brainstorming is the most valuable stage during the Define phase, in lean six sigma especially when using tools such as failure mode and effects analysis.

This shows that options I, II and III are correct, therefore option 1 is the right answer

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Product focused processes: a) are desirable because resource needs increase slowly with the complexity of a process. b) are proc
LenKa [72]

Answer:

b) are processes that are specialized for relatively few products or customer groups.

Explanation:

As the name suggests these are focused specifically for some products and not for all of the products manufactured by a company. These processes promote the product specification details, by advancing the processes of manufacturing more specific.

These are majorly used for customer specified products, generally identical products. In which no two products are similar in nature. And accordingly, these help in maximum customer satisfaction.

3 0
3 years ago
In comparison to industry averages, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio. W
Drupady [299]

Answer: D-its inventory level is too high

Explanation:

Inventory turnover is a ratio that shows a company how efficient it sells its products. A high turnover means that the company is generating sales efficiently for inventory, while a low turnover means not generating efficient sales for inventory.

Also a low quick Ratio means when a company does not have enough current assets and lacks inventory in order to cover it's short term debt

Since, Okra Corp. has a low inventory turnover, a high current ratio, and an average quick ratio, it will generate inventory that is too high leading to poor sales.

6 0
3 years ago
Read 2 more answers
You just purchased a share of SPCC for $100. You expect to receive a dividend of $5 in one year. If you expect the price after t
Vlad1618 [11]

Answer:

15%

Explanation:

Data provided in the question

Ending share price = $110

Initial price = $100

Dividend received = $5

The computation of the total return is shown below:

= {(Ending share price - initial price) + Dividend} ÷ (Initial price) × 100

= {($110 - $100) + $5} ÷ ($100) × 100

= $15 ÷ $100 × 100

= 15%

Basically we use the above formula so that the total return could come

4 0
3 years ago
Leading causes of new product failure include all of the following EXCEPT poor positioning. failure to deliver what was promised
morpeh [17]

Answer: Insufficient competition but strong differentiation

Explanation:

Products can fail when there is sufficient competition with weak differentiation.

If instead there is insufficient competition, the product has a better chance of being successful because it is offering a service that not many other products can replicate. People will therefore buy more of it.

Also if the product is strongly differentiated, it means that the company took the extra step of adding features to the product to make it stand out and be more useful to the customer. This can increase the appreciation for a product which will increase it's demand this ultimately leading to the success of the product.

8 0
4 years ago
Journalize the entries to record the following.
vredina [299]

Answer:

Explanation:

The journal entries are shown below:

1. Petty cash A/c $1,100

       To Cash A/c $1, 100

(Being the petty cash fund is established)

2. Office supplies A/c Dr $614

   Miscellaneous selling expense A/c Dr $200

   Miscellaneous administrative expense A/c Dr $145

   Cash short and over A/c $26

             To Petty cash A/c $985

(Being the expenses are recorded)

The Cash short and over is computed below:

= $1,100 - $115- $614 - $200 - $145

= $26

4 0
3 years ago
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