Lean and Six Sigma ______

question 73

Multiple Choice

Lean and Six Sigma ______.

• A)are pretty much the same thing
• B)are both required to reduce waste and add value
• C)are now jointly referred to as Six Lean Sigma
• D)evolved at the same time

---

Definitions:

Contribution Margin

The difference between sales revenue and variable costs, indicating how much contributes to covering fixed costs and generating profit.

Fixed Costs

Expenses that do not change in proportion to the activity of a business.

Contribution Margin

The amount by which sales revenue exceeds variable costs; it contributes towards covering fixed costs and generating profit.

Variable Costs

Charges that adjust in relation to the quantity of goods or services manufactured by a corporation.