[Free] 2019(Nov) EnsurePass IASSC ICBB Dumps with VCE and PDF 41-50

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Question No.41

A valid Multiple Linear Regression (MLR) is characterized by all of these except

.

  1. It is an assumption that the X#39;s (inputs) are not correlated to each other

  2. The X#39;s (inputs) are assumed to be independent of each other

  3. MLR is conducted based on a deliberate form of experimentation

  4. The Residuals from MLR analysis have to be Normally Distributed

    Correct Answer: C

    Question No.42

    When one speaks of 20% of something contributing 80% of the affect they are referring to what is known as the .

    1. Shewhart Example

    2. Connection Principle

    3. Balance Equation

    4. Pareto Principle

Correct Answer: D

Question No.43

All the data points that represent the total set of information of interest is called the

.

  1. Population

  2. Sample

  3. Frame

  4. Spread

Correct Answer: A

Question No.44

A Belt working in a supply chain environment has to make a decision to change suppliers of critical raw materials for a new product upgrade. The purchasing manager is depending on the Belt#39;s effort requiring that the average cost of an internal critical raw material component be less than or equal to $3,800 in order to stay within budget. Using a sample of 38 first article components, a Mean of the new product upgrade price of $3,680, and a Standard Deviation of

$120 was estimated. In order to increase the Long Term Z value to 5, what is the maximum long term variation in pricing the Belt can accept for his upgraded critical raw material component?

A.

$6

B.

$12

C.

$24

D.

$48

Correct Answer: C

Question No.45

The most appropriate type of FMEA for a product before going into manufacturing is a

FMEA.

  1. Design

  2. Consumer

  3. Survey

  4. Test Process

Correct Answer: A

Question No.46

Six Sigma is a business improvement discipline whose fundamental view is based on a

oriented approach of the business.

  1. Profit

  2. Performance

  3. Process

  4. Predatory

Correct Answer: B

Question No.47

When a Belt decides to use written procedures and visual controls to improve the consistency of the tasks that must occur in the process he is improving he has utilized the activity of 5S.

  1. Sustaining

  2. Sorting

  3. Standardizing

  4. Straightening

Correct Answer: C

Question No.48

What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $1.4 million dollars to $5.3 million total and your organization#39;s marginal cost of capital was 6.2%?

A.

$43,400

B.

$86,800

C.

$117,500

D.

$328,600

Correct Answer: B

Question No.49

Early in a project a Belt will want to begin to identify and evaluate risk factors for the subject process and will therefore begin building a(n) .

  1. FMEA

  2. SIPOC

  3. X-Y Diagram

  4. Team Charter

Correct Answer: A

Question No.50

If in an experiment all possible variable pairs sum to zero the design is Orthogonal.

  1. True

  2. False

Correct Answer: A

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