Mgt5020 Sustainable Continuous Improvement

MGT5020 Sustainable Continuous Improvement 07.2012

MGT5020 Theme 2 Quiz 2 MCQ

Review of attempt 2

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Started on | Friday, 27 July 2012, 08:02 AM |

Completed on | Friday, 27 July 2012, 08:12 AM |

Time taken | 9 mins 21 secs |

Grade | 10 out of a maximum of 10 (100%) |

Question 1

Marks: 1

A Value Stream can be defined as:

Choose one answer.

| a. The flow of processes to produce a product | |

| b. The flow of information and materials to produce value | |

| c. The flow of revenue from sales | |

| d. The flow of information from top management to employees | |

Correct

Marks for this submission: 1/1.

Question 2

Marks: 1

The three overlapping areas of the value stream for each product family include all of the following except:

Choose one answer.

| a. Concept to launch | |

| b. Raw material to finished product | |

| c. Order to cash | |

| d. Launch to sales | |

Correct

Marks for this submission: 1/1.

Question 3

Marks: 1

In the Stakeholder Power/Interest Grid, Key Players are those with:

Choose one answer.

| a. Low Power and High Interest | |

| b. High Power and Low Interest | |

| c. Low Power and Low Interest | |

| d. High Power and High Interest | |

Correct

Marks for this submission: 1/1.

Question 4

Marks: 1

The first key to successfully Choosing a Value Stream for analysis and improvement is:

Choose one answer.

| a. Get buy-in from managers | |

| b. Understand the picture within your own facility | |

| c. Listen to your customer | |

| d. Ensure that the value stream relates to the ultimate customer | |

Correct

Marks for this submission: 1/1.

Question 5

Marks: 1

The four main activities involved in choosing a value stream include all of the following except:

Choose one answer.

| a. Performing a work-unit routing analysis | |

| b. Identifying immediate...