The "Control" Phase of DMAIC Is Intended to Ensure That

question 91

Multiple Choice

The "Control" phase of DMAIC is intended to ensure that:

• A) the proper subset of process inputs are monitored.
• B) variability reduction is pursued.
• C) data analysis is overseen.
• D) inputs are closely monitored.
• E) improvements are sustaineD.

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Definitions:

Weighted-Average Method

An inventory costing method that assigns a weighted average cost to each unit of inventory, used to calculate cost of goods sold and ending inventory.

First-In, First-Out

An inventory valuation method where the oldest items in inventory are sold or used first.

Equivalent Units

A concept in cost accounting used to calculate the work done on partially completed goods, expressed in terms of fully completed units.

Cost Reconciliation Report

A document used to reconcile and verify the costs incurred by a department or project against the budgeted or expected costs.