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Six_Sigma

ICGB · Question #119

A shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded…

The correct answer is D. $90,000. You've hit your weekly limit · resets 5am (America/New_York)

Define

Question

A shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded a monthly cost savings of $7,500. Which of the following would be the reported financial savings for this LSS project?

Options

  • A$75,000
  • B$120,000
  • C$45,000
  • D$90,000

How the community answered

(37 responses)
  • A
    14% (5)
  • B
    5% (2)
  • C
    3% (1)
  • D
    78% (29)

Explanation

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Topics

#financial savings#annualized savings#cost reduction#project benefits

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