Lean and Six Sigma ______.
a. are pretty much the same thing
b. are both required to reduce waste and add value
c. are now jointly referred to as Six Lean Sigma
d. evolved at the same time
b. are both required to reduce waste and add value
You might also like to view...
When companies engage students to design and carry out projects, the payoff to the students is experience and visibility; the payoff to the companies is a fresh sets of eyes to solve problems at a fraction of what consultants would charge
Indicate whether the statement is true or false
Which of the following stages in the new product development would a firm engage in immediately after the completion of concept testing?
A) idea screening B) marketing strategy development C) business analysis D) product development E) idea generation
What are the four interrelated activities that together comprise a strategic workforce-planning (SWP) system?
What will be an ideal response?
Croce, Inc., is investigating an investment in equipment that would have a useful life of 7 years. The company uses a discount rate of 8% in its capital budgeting. The net present value of the investment, excluding the salvage value, is ?$515,967. To the nearest whole dollar how large would the salvage value of the equipment have to be to make the investment in the equipment financially attractive? (Ignore income taxes.)Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.
A. $885,021 B. $41,277 C. $6,449,588 D. $515,967