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Vishwadeep Khatri

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Everything posted by Vishwadeep Khatri

  1. While Amlan, Vastupal and Natwarlal have given good answers, the winner this time is Natwarlal as he has picked the most important elements and explained them in the most lucid manner.
  2. Q. 172 Box Plot provides a graphical summary of data. What are the specific benefits/ insights obtained by using a Box Plot. Explain with examples Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  3. Q. 170 What are the key differences between PFMEA and DFMEA? How does Design FMEA feed in to Process FMEA? What kind of feedback is expected from Process FMEA to Design FMEA? Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  4. Q. 168 Correlation does not prove causation. Assuming continuous data for both, is it safe to say that proven cause effect relationship certainly results in strong correlation between the cause and effect variables? Explain with examples. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  5. Q. 164 Process Cycle Efficiency is considered an important Lean Metric. However, it can be argued that it is not the best indicator for Process efficiency. Provide your views.  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  6. Q. 163 Suggest an improvement/ enhancement in the guide to selection of Hypothesis Tests provided here - https://www.benchmarksixsigma.com/guide-to-right-hypothesis-test/ Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  7. Q. 162 Explain the usage of Net Present Value in decision making by providing relevant examples. You may use the calculator at the following link - https://www.benchmarksixsigma.com/calculators/net-present-value/  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  8. Q. 161 Explain why some people prefer DPMO method and others prefer Defectives (Yield) method to calculate process performance. When would your prefer one over the other? Use calculator for DPMO at https://www.benchmarksixsigma.com/calculators/sigma-level-calculator-discrete-data-defects/ and calculator for Defectives at https://www.benchmarksixsigma.com/calculators/sigma-level-calculator-discrete-data-defectives/  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  9. Hi Jeniffer, Education, Transport, Education, Software, BPO etc are included in the links above. Please review them.
  10. Hi Venkatesh, There are a few reasons why it has not succeeded as much as it should have. Small farmlands make it hard to reduce risks. The government initiative is limited. People who own agri-fields have limited education to understand and absorb such concepts. Any Agri-University in India has not tried to scale it up. It is not as if results are not available to India. Companies like Syngenta and Monsanto have been partnering with Agriculturists to reap the benefits in a partnering fashion.
  11. Hi Devang, Many companies including some of the e-commerce leaders that we work with have such Supplier Management functions. We conduct a full-fledged program on Vendor Managed Operations for such functions. This program covers efficiency in four sections. The outline can be seen here - https://www.benchmarksixsigma.com/corporate-programs/vendor-managed-operations-efficiency/. There is a large scope for cutting waste in each area. Hope this helps.
  12. If you want to calculate control limits for the p chart, you can use this calculator - https://www.benchmarksixsigma.com/calculators/control-limits-for-p-chart/
  13. Q. 159 In how many ways can a Process FMEA relate with a Lean Six Sigma DMAIC project?  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  14. Hi Devang, If there is a supplier quality assurance function instead of the supplier management function, the objective shifts to building supplier capability to a level that ensures that monitoring needs can reduce significantly.
  15. Q. 158 Even when well established measures of process performance exist, why do Six Sigma professionals insist on a Z score during Measure phase of a Six Sigma project?  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  16. Q. 157 While solving problems, root cause analysis is considered as an obvious step. When is it that one should refer to a “cause” as the “root cause”? (or a set of “causes” as “root causes”) The most comprehensive answer wins. Do try to consider varying situations. If answers are similar in detail, those with examples will get preference over others. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  17. Q. 154 Give some good examples, preferably from different Industries, where a Lean Six Sigma project was considered successful w.r.t Primary Metric (CTQ) but was later understood to be a big failure due to adverse impact on Secondary Metric. Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  18. Q. 149 Using the NPV calculator at https://www.benchmarksixsigma.com/calculators/net-present-value/ and the following data, comment on whether this project should be taken up if this gives a huge increase in Employee Satisfaction scores and Corporate Social Responsibility visibility for this company. Future Cash Flow - 50,000 Rate of Interest - 8% Time Period - 2 years Initial Investment - 42,867  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  19. Q. 148 Use examples from different scenarios along with the Takt time calculator at https://www.benchmarksixsigma.com/calculators/takt-time/ to explain the meaning of Takt time.  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  20. Q. 147 Critically analyze the COPQ calculator given at https://www.benchmarksixsigma.com/cost-of-poor-quality/ by providing examples of application.  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  21. Q. 146 Tollgate Reviews are checkpoints in a Six Sigma project. What are the objectives of completing tollgate reviews? When all should a tollgate review be carried out in a DMAIC or DMADV project? Who must be present in every tollgate review and who are the "if-needed" participants?  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  22. Q. 145 What is the usage of R Squared and R Squared Adjusted as used in Regression Analysis. Please explain with example(s).  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  23. Q. 144 How does Sensitivity Analysis relate with Root Cause Analysis?  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.
  24. Q. 143 Repeatability is considered a pre-requisite for Accuracy assessment when we deal with Attribute Agreement Analysis but it is not so when we work with Gage R&R for variable (continuous) data. Why is it so?  Note for website visitors - Two questions are asked every week on this platform. One on Tuesday and the other on Friday. All questions so far can be seen here - https://www.benchmarksixsigma.com/forum/lean-six-sigma-business-excellence-questions/ Please visit the forum home page at https://www.benchmarksixsigma.com/forum/ to respond to the latest question open till the next Tuesday/ Friday evening as per Indian Standard Time. The best answer is always shown at the top among responses and the author finds honorable mention in our Business Excellence dictionary at https://www.benchmarksixsigma.com/forum/business-excellence-dictionary-glossary/ along with the related term.

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