Podcast
Questions and Answers
What is the primary consideration for recommending one method over another?
What is the primary consideration for recommending one method over another?
- Total revenue
- Total profit
- Total investment
- Total cost (correct)
Why is it necessary to consider total cost when evaluating methods?
Why is it necessary to consider total cost when evaluating methods?
- To ensure the recommended method is the most cost-effective (correct)
- To calculate the total investment required
- To determine the most profitable method
- To compare the methods based on their revenue
What does the analyst prioritize when recommending one method over another?
What does the analyst prioritize when recommending one method over another?
- The method with the highest revenue
- The method with the highest profit margin
- The method with the shortest implementation time
- The method with the lowest total cost (correct)
What is the main reason for considering total cost when evaluating methods?
What is the main reason for considering total cost when evaluating methods?
What is the outcome of considering total cost when evaluating methods?
What is the outcome of considering total cost when evaluating methods?
What is the primary goal of the analyst when evaluating methods?
What is the primary goal of the analyst when evaluating methods?
What direction do parts move for assembly?
What direction do parts move for assembly?
What happens when parts leave a vertical line?
What happens when parts leave a vertical line?
What is the purpose of the vertical line in the pareto diagram?
What is the purpose of the vertical line in the pareto diagram?
How do parts move during disassembly?
How do parts move during disassembly?
What is the relationship between the vertical line and the direction of parts?
What is the relationship between the vertical line and the direction of parts?
How can a machine-based chart be modified to account for planned downtime?
How can a machine-based chart be modified to account for planned downtime?
What is the purpose of modifying a machine-based chart to account for planned downtime?
What is the purpose of modifying a machine-based chart to account for planned downtime?
What is the benefit of incorporating planned downtime into a machine-based chart?
What is the benefit of incorporating planned downtime into a machine-based chart?
What is the simplest way to modify a machine-based chart to account for planned downtime?
What is the simplest way to modify a machine-based chart to account for planned downtime?
What is the result of modifying a machine-based chart to account for planned downtime?
What is the result of modifying a machine-based chart to account for planned downtime?
What is the purpose of placing small arrows along the flow lines?
What is the purpose of placing small arrows along the flow lines?
What feature is periodically marked along the flow lines?
What feature is periodically marked along the flow lines?
What do the small arrows along the flow lines represent?
What do the small arrows along the flow lines represent?
What is the function of the small arrows in the flow lines?
What is the function of the small arrows in the flow lines?
What do the small arrows along the flow lines help to clarify?
What do the small arrows along the flow lines help to clarify?
What is the ultimate goal of the process of listing causes?
What is the ultimate goal of the process of listing causes?
What is a characteristic of a good diagram?
What is a characteristic of a good diagram?
What is the purpose of creating a diagram with multiple levels of bones?
What is the purpose of creating a diagram with multiple levels of bones?
What is the benefit of a good diagram?
What is the benefit of a good diagram?
What is the result of continuing the process of listing causes?
What is the result of continuing the process of listing causes?
What is the purpose of selecting a specific distance in inches when creating a worker-machine chart?
What is the purpose of selecting a specific distance in inches when creating a worker-machine chart?
What is a key assumption when creating a worker-machine chart?
What is a key assumption when creating a worker-machine chart?
What is the primary benefit of arranging a worker-machine chart in a neat and organized manner?
What is the primary benefit of arranging a worker-machine chart in a neat and organized manner?
Why is it important to maintain a consistent scale when creating a worker-machine chart?
Why is it important to maintain a consistent scale when creating a worker-machine chart?
What is the primary purpose of a worker-machine chart?
What is the primary purpose of a worker-machine chart?