GAQM CLSSYB-001 Actual Free Exam Questions & Community Discussion
Benefits and working conditions would be primarily the concern of which of the following?
Correct Answer: B
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The essence of Lean is to concentrate effort on ____________________ while improving process flow to achieve speed and agility at lower cost.
Correct Answer: A
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Which of the following would likely not be a CTQ (Critical-to-Quality) for the purchase of a product?
Correct Answer: C
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At the start of a project we are told to "walk the process" from beginning to the end. We do this to_____________________.
Correct Answer: B
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One of the primary objectives of constructing an X-Y Diagram is to separate the vital few Y's from the trivial many Y's.
Correct Answer: B
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The following Business Case is constructed properly.
"During 2009 the commercial loan division experienced a 2.7% default rate versus a target of less than .5%. This costs the bank in excess of $250,000 quarterly."
"During 2009 the commercial loan division experienced a 2.7% default rate versus a target of less than .5%. This costs the bank in excess of $250,000 quarterly."
Correct Answer: A
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Training cost $2,500 and a project required an initial investment of $23,500. If the project yields monthly savings of $2,500 beginning after 4 months, what is the payback period in months (before money costs and taxes)?
Correct Answer: B
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Measurement System Analysis is a procedure used to quantify variation of the method or system used for taking measurements and used to assure usable data is collected.
Correct Answer: A
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Six Sigma refers to a process whose output has at least 95% of its data points within 6 Standard Deviations from the Mean.
Correct Answer: B
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Training cost is $3,000 and a project required an initial investment of $12,000. If the project yields monthly savings of $1,800 beginning after 3 months, what is the payback period in months (before money costs and taxes)?
Correct Answer: C
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