Lean Sigma Is a Combination of Six Sigma and Lean

question 19

True/False

Lean Sigma is a combination of Six Sigma and Lean tools appropriate when both too much variation and waste exist in a process.

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Definitions:

Subsidiary

A company that is controlled by another company, referred to as the parent company.

Net Assets

The total assets of an entity minus its total liabilities, representing the owners' equity in the company.

Parent Company

A company that holds a controlling interest in one or more other companies, referred to as subsidiaries, allowing it to control their operations and policies.

Investment Date

The specific date on which an investment is made or acquired by an investor, marking the commencement of recognition in financial statements.