Session 1- Lean

Question 1

BVA

Answer 1

Business Value Add

Question 2

COPQ

Answer 2

Cost of Poor Quality

Question 3

CT

Answer 3

Cycle Time

Question 4

CTS

Answer 4

Cost to Satisfaction

Question 5

CTQ

Answer 5

Cost to Quality

Question 6

CVA

Answer 6

Customer Value Add

Question 7

DFSS

Answer 7

Designed for Six Sigma

Question 8

DMAIC

Answer 8

Define
Measure
Analyze
Improve
Control

Question 9

DPMO

Answer 9

Defects Per Million Opportunities

Question 10

FIFO

Answer 10

First In, First Out

Question 11

FMEA

Answer 11

Failure Modes & Effects Analysis

Question 12

LHF

Answer 12

Low Hanging Fruit

Question 13

NVA

Answer 13

Non-Value Add

Question 14

PCE

Answer 14

Process Cycle Efficiency

Question 15

PDCA

Answer 15

Plan
Do
Check
Act

Question 16

PLT

Answer 16

Process Lead Time

Question 17

RPN

Answer 17

Risk Priority Number

Question 18

R&R

Answer 18

Repeatability & Reproducibility

Question 19

SPC

Answer 19

Statistical Process Control

Question 20

TH

Answer 20

Throughput

Question 21

WIP

Answer 21

Work In Progress

Question 22

Z

Answer 22

Z-score (continuous data)

Question 23

n

Answer 23

Sample Size

Question 24

DF

Answer 24

Degrees of Freedom

of independent variable factors; n-1

Question 25

Alpha (α)

Answer 25

Probability of Type 1 Error

risk of rejecting Null Hypothesis, when true

Question 26

Beta (β)

Answer 26

Probability of Type 2 Error

risk of accepting Null Hypothesis, when false

Question 27

P-Value

Answer 27

Probability of Statistical Significance

>.05

Question 28

X-Bar (x̅)

Answer 28

Sample Mean

Question 29

Mu (µ)

Answer 29

Population Mean

Question 30

S

Answer 30

Sample Standard Deviation

Question 31

Sigma (σ)

Answer 31

Population Standard Deviation

Question 32

ρ

Answer 32

Sample Proportion Defective

Question 33

π

Answer 33

Population Proportion Defective

Question 34

Delta (Δ)

Answer 34

Difference Between Values