Maintaining the Gains That Have Been Made with a Revised

question 37

Multiple Choice

Maintaining the gains that have been made with a revised process in the long term by avoiding potential problems that can occur when a process is changed involves which part of the DMAIC process?

• A)Define
• B)Measure
• C)Analyze
• D)Improve
• E)Control

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Definitions:

Return On Total Assets

A financial ratio that measures how effectively a company is using its assets to generate profit, calculated as net income divided by total assets.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholder's equity, indicating how well a company uses investments to generate earnings growth.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects revenue from its credit sales.