BUS 6 Opp Management (1)

Question 1

PDCA

Answer 1

*Plan, Do, Check, Act

Question 2

Constraints 5 steps in theory

Answer 2

*Work around or leverage constraint

1. Identification constraint
2. Exploitation constraint
3. Subordinate to above decisions
4. Elevate constraint
5. Return 1st step

Question 3

Six Sigma

• DMAIC
• DMADV

Answer 3

• Existing
  1. Define prob
  2. Measure key aspects of process
  3. Analyze data
  4. Improve process
  5. Control
• New
  1. Define goal
  2. Measure critical to quality
  3. Analyze design alternatives
  4. Design optimization
  5. Verify design

Question 4

Quality Control Principles APIE

Answer 4

1. Appraisal cost to identify defective products or services (statistical quality control, inspection, testing)
2. Prevention (engineering, training etc.)
3. Internal Failure defective parts or lost production time (scrap and rework)
4. External failure returns and lost customer loyalty

Question 5

• Constant Growth Model
• Zero Growth Model
• Constant Growth Div Discount Model

Answer 5

• Assumes: Stock Price Grows at The Same Rate As The Dividend
• Price of Stock = Dividend / Discount Rate
• P = D(t + 1) / (R-G)

P = Current Price
D(t+1) = Dividend 1 year after period t
R = Required Return
G = Growth Rate

Question 6

Effective Management of Internal Audit Activities is characterized by

Answer 6

Conformity to the standards and code of ethics

Question 7

Price Multiples

• Price Earnings (P/E)
• PEG (Price/Earnings per unit of growth)
• Price Sales

Answer 7

• P/E Ratio = P/E
  
  • P=price of value today
  • E=EPS in one year

*PEG = (Per share price / EPS ) / (Growth Rate x 100)

• P/S Ratio = P/S
  
  • P=price of value today
  • S=Sales in one year