ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Lean Six Sigma decreases organization’s costs by reducing:
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overtime
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recycling
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waste
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spoilage
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Explanation:
Detailed explanation-1: -Decreased Costs – Production costs drop when Lean Six Sigma is applied to inefficient processes. Six Sigma practices help reduce defects and errors in the production process and decrease rework that consumes time and company resources without adding value.
Detailed explanation-2: -What is Six Sigma? Six Sigma is a method that provides organizations tools to improve the capability of their business processes. This increase in performance and decrease in process variation helps lead to defect reduction and improvement in profits, employee morale, and quality of products or services.
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