The essence of Lean is to concentrate effort on ____________________ while improving process flow to achieve speed and agility at lower cost.
The following Business Case is constructed properly.`During 2009 the commercial loan division experienced a 2.7% default rate versus a target of less than .5%. This costs the bank in excess of $250,000 quarterly.`
As we conceive and define a LSS project one of the overriding things we hope to accomplish is to reduce the _____________________.
As we attempt to find a commonality of terms to assess the performance of a broad range of processes we use a key metric called the DPMO which stands for__________________________?
In an organization is the sum total of all the processes which occur in the business to take inputs and turn them into customer desired outputs is called the ValueChain.
When a Belt wishes to clarify the activities of various departments in a Process Map she is creating she adds a feature to the map called ______________.
