Zanadu Corp

question 1

Multiple Choice

Zanadu Corp.produces several different colors of a product on a single production line.It used to take several hours to switch colors,but now Zanadu has found a way to prepare for changing colors in a few minutes.This was most likely accomplished by:

• A)TAKT time flow balancing.
• B)Implementing andon lights.
• C)Converting internal to external setups.
• D)Converting external to internal setups.

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Definitions:

Coefficient of Variation

A statistical measure of the dispersion of data points in a data set, relative to its mean, expressed as a percentage.

Standard Deviation

A measure of the dispersion or spread of a set of data points relative to its mean, indicating how spread out the data points are.

Measures of Variability

Statistical metrics that describe the spread or dispersion within a data set, including range, variance, and standard deviation.

Coefficient of Variation

A normalized measure of the dispersion of a probability distribution or frequency distribution, often used to compare the degree of variation from one data series to another.