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1. What is the 80/20 rule associated with a Pareto chart?
A) Eighty percent of quality management problems can be explained by the other 20% of the problems.
B) Twenty percent of quality management problems result from 80% of causes.
C) Twenty percent of quality management problems can be explained by the other 80% of the problems.
D) Eighty percent of quality management problems result from 20% of causes.
2. What happens when an organization focuses on customers?
A) It decreases costs for the organization and its suppliers.
B) It ensures consistency and efficiency among organization-wide activities.
C) It reduces bias and fosters trust in decisions and plans.
D) It leads to an increase in revenue and market share.
3. A laboratory uses a graduated cylinder to measure liquid volume in metric units. Which type of experimental design is this laboratory implementing?
A) Development research
B) Precision research
C) Qualitative research
D) Quantitative research
4. Which type of analytics classification uses experimental design and optimization to suggest a course of action?
A) Predictive analytics
B) Descriptive analytics
C) Diagnostic analytics
D) Prescriptive analytics
5. Two vendors sell a dozen raw materials that a company needs to build its products. Which type of analysis should be used to determine if one of the vendors has a better average price at a given point in time?
A) Data analysis
B) Background analysis
C) Heuristic analysis
D) Graphical analysis
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |
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