A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt’s effort requiring that the average cost of an internal critical raw material component be less than or equal to $4,200 in order to stay within budget. Using a sample of 35 first article components, a Mean of the new product upgrade price of $4,060, and a Standard Deviation of $98 was estimated. In order to increase the Long Term Z value to 4, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?

Correct Answer:B

A Lean Six Sigma project is attempting to reduce inventory days. The Process Capability will be monitored as part of the Control Phase to track the sustainability of the improvement.

Which distribution type is best used for performing the Capability Analysis?

Correct Answer:A

A(n) ______ is best used to compare a Machine 1 average quality characteristic to the same quality characteristic of Machine 2.

Correct Answer:C

Those people who have a interest in the outputs of a process are known as ______ .

Correct Answer:A

The relationship between a response variable and one or more independent variables is investigated and modeled by use of ______.

Correct Answer:C

A Non-parametric Test should be used if just one distribution is not Normal out of the two or more gathered.

Correct Answer:A