A team calculates the value of a project in terms of the dollars saved and the costs avoided, and then compares that result with the amount of money spent to implement the project. This type of valuation is known as

• A.return on net assets
• B.return on investment
• C.net income
• D.general and administrative expenses

Comment: *

Name: *

Email: *

Verification: *

The best time to get stakeholder support and commitment for a project is immediately after the

• A.pilot project has been implemented
• B.control plan has been developed
• C.project usefulness has been defined
• D.project plan has been documented

Comment: *

Name: *

Email: *

Verification: *

The Greek letter "sigma" is used by mathematicians to signify _____________.

• A.Curve Width
• B.Standard Deviation
• C.Numerical Average
• D.Data Spread

Comment: *

Name: *

Email: *

Verification: *

One of the foundations of Lean Six Sigma is the concept that the output of a process (Y) is influenced by the process inputs (X's) and is commonly shown as which formula?

• A.Y = g(X+ 1.5)
• B.Y = f(X3)
• C.Y = f(Xn)
• D.Y = Z(X2)

Comment: *

Name: *

Email: *

Verification: *

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

• A.F test
• B.ANOVA test
• C.1-Sample t-test
• D.2-Sample t-test

Comment: *

Name: *

Email: *

Verification: *