Quiz: Discover Your OPEX Potential This quiz will assess your understanding and application of Operational Excellence principles across various areas covered in our courses. Answer honestly to receive a personalized report highlighting your strengths and areas for improvement. 0% 3 votes, 5 avg OPEX Assessment Self-Assessment-OPEX 1 / 15 What is the purpose of a SIPOC diagram? 1. To track employee performance 2. To provide a high-level overview of a process and its boundaries 3. To analyze financial data 4. To develop new product ideas No Worries BRAVO SIPOC (Suppliers, Inputs, Process, Outputs, Customers) is a high-level process map that provides a broad overview of a process. It helps to define the scope of a process, identify key stakeholders, and understand the inputs and outputs. 2 / 15 What is the purpose of a RACI matrix? 1. To track employee attendance 2. To clarify roles and responsibilities within a process or project 3. To develop new product ideas 4. To analyze financial data No Worries BRAVO A RACI matrix (Responsible, Accountable, Consulted, Informed) clarifies roles and responsibilities within a process or project. It helps to ensure that everyone knows who is responsible for what, who is accountable for the outcome, who needs to be consulted, and who needs to be kept informed. 3 / 15 Services that we actively seek out and employ of our own accord are referred to as ________ services. 1. internal 2. intangible 3. involuntary 4. external 5. voluntary OOPS! BRAVO Voluntary services are those that we actively seek out and employ of our own accord. 4 / 15 What is the purpose of a fishbone diagram (Ishikawa diagram)? 1. To identify and organize the potential causes of a problem 2. To analyze financial data 3. To track employee attendance 4. To develop new product ideas No Worries BRAVO A fishbone diagram is used to identify and organize the potential causes of a problem. By visually mapping out the different categories of causes and their sub-causes, teams can gain a better understanding of the factors contributing to the problem and develop more effective solutions. 5 / 15 What is the key benefit of using a Pareto chart in problem-solving? 1. To identify the most significant factors contributing to a problem 2. To conduct market research 3. To create a detailed project plan 4. To analyze financial data No Worries BRAVO A Pareto chart helps prioritize problem-solving efforts by identifying the most significant factors contributing to a problem. By focusing on the "vital few" causes that have the greatest impact, organizations can achieve the most significant improvements with their efforts. 6 / 15 Which of the following is NOT a typical waste identified in Lean manufacturing? 1. Waiting 2. Transportation 3. Customer loyalty 4. Inventory No Worries BRAVO The 7 wastes of Lean manufacturing are: Transportation, Inventory, Motion, Waiting, Overproduction, Over-processing, and Defects. Customer loyalty, while important, is not considered a type of waste in Lean. 7 / 15 Which of the following is an example of a voluntary service? 1. gas station 2. hospital 3. fire department 4. police department 5. the IRS OOPS! BRAVO A gas station is an example of a voluntary service. 8 / 15 In an EFE Matrix, a "weight" refers to: 1. The likelihood of a factor occurring 2. The financial impact of a factor 3. The company's ability to control a factor 4. The importance of a factor to the industry No Worries:) BRAVO Weights are assigned to each factor to reflect its relative importance in shaping the industry's competitive landscape. 9 / 15 What is the main purpose of a Gemba walk? 1. To conduct employee performance reviews 2. To observe the process and identify opportunities for improvement 3. To develop new product ideas 4. To analyze financial data No Worries BRAVO Gemba walks involve going to the actual place where work is done to observe the process, gather information, and identify opportunities for improvement. They are a key element of Lean management and help leaders understand the reality of the work environment. 10 / 15 What is the purpose of a process flowchart? 1. To analyze financial data 2. To visually represent the steps and decisions in a process 3. To develop new product ideas 4. To track employee attendance No Worries BRAVO A process flowchart visually represents the steps and decisions in a process. It helps to understand the flow of activities, identify potential bottlenecks or inefficiencies, and communicate the process to others. 11 / 15 What is the purpose of a histogram? 1. To display the distribution of data 2. To analyze financial data 3. To track employee attendance 4. To develop new product ideas No Worries BRAVO A histogram is used to display the distribution of data. By showing the frequency of data points within specific ranges, histograms help identify patterns, variations, and outliers in the data. 12 / 15 Which of the following is NOT a step in developing a CPM? 1. Conducting a PESTEL analysis 2. Listing the firm's major competitors 3. Assigning weights and ratings to competitors 4. Determining critical success factors No Worries:) BRAVO PESTEL analysis is a separate tool for analyzing the macro-environment, not a step within CPM development. 13 / 15 A major opportunity for Pixar is: 1. Expanding into emerging markets 2. Reducing the cost of film production 3. Partnering with a video game developer 4. Acquiring a smaller animation studio No Worries:) BRAVO There is growing demand for animated films in new markets, which presents an opportunity for Pixar. 14 / 15 Which of the following statements is true? 1. Manufacturing liability issues often relate to malpractice. 2. Service liability issues center around safety concerns. 3. Customer contact leads to a decrease in variability in the process. 4. It is easy to obtain hard data relating to services because services' attributes are intangible. 5. Simultaneous production and consumption of services means that you have to do it right the first time. OOPS! BRAVO Simultaneous production and consumption of services means that you have to do it right the first time. 15 / 15 What is the purpose of a scatter plot diagram? 1. To develop new product ideas 2. To visualize the relationship between two variables 3. To track employee attendance 4. To analyze financial data No Worries BRAVO A scatter plot diagram is used to visualize the relationship between two variables. By plotting data points on a graph, teams can identify correlations or patterns that may indicate a cause-and-effect relationship between the variables. Your score is 0% Restart quiz Exit Send feedback