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Vishwadeep Khatri

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Everything posted by Vishwadeep Khatri

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. Hi Jeniffer, Education, Transport, Education, Software, BPO etc are included in the links above. Please review them.
  6. 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.
  7. 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.
  8. 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/
  9. 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.
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. 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.
  20. 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.
  21. Whether machines can behave like humans or not has been an intriguing question for a long time. Why do we want to know this? The quest can be divided into into two parts - 1. Can machines behave as rationally as humans can? Since IBM’s Deep Blue had beaten Kasparov in a game of chess, more powerful computers have come in. The latest chess software called Komodo has an Elo rating as high as 3304 which is 450 above any human. Such evaluation and mastery is certainly of interest to the excellence community. 2. Can machines imitate humans and be similar even in irrational behaviours? This question is of interest to security experts who want to know if certain actions are being taken by computer (viruses, for example) instead of humans. Many times computers fail to behave irrationally and give away their presence due to patterns. As an example, computer virus can bring in thousands of fictitious members into a forum or online community by creating fake email ids and even clicking on verification emails by logging in to those email addresses. Google and other online companies have been creating anti spam solutions by figuring out patterns that the computers fail to match with humans. Most of the times computers tend to be more rational than humans as they have an algorithm driving them. Only time will tell if the fight with viruses will be won by well meaning humans or not.
  22. Some of tools that allow for customisation and enhancements in themselves are as follows - Kanban board - This provides endless opportunities for improvement in terms of breaking up of tasks, marking expedite lanes, adding tasks on kanban cards etc. Online Kanban board platforms provide even more methods of customisation and tool improvement. Future VSM - The extent and format of details that are to be captured in a future VSM have unlimited opportunities for improvement. Andon Boards - Andon boards have infinite methods of adding details in terms of who should get alerts of what kind with what kind of escalation and how will resolution feedback be re-circulated (etc) Kaizen - The way in which Kaizens are identified, planned, executed and the way feedback and efficiency is tracked provides continuous improvement opportunities. The Lean Champion needs to be on the lookout for methods and approaches that make Lean tools more effective and therein lies the opportunity of maximising the value generation for a Lean Enterprise.
  23. Q. 142 Turing test checks if a machine can imitate intelligent and unintelligent behaviors of humans. While it makes sense to test if artificial intelligence is delivering business expectations, what could be the value in determining if machines can behave like humans or not?  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. 141 While Lean is about continuous improvement in processes, some of the Lean Tools are such that they have a significant scope of “Continuous Improvement” in terms of how they are used. Provide examples of few such Lean tools which encourage very good scope of almost unending customization and enhancement in themselves.  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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