Which of the Following Makes Use of Six Sigma Programs

question 55

Multiple Choice

Which of the following makes use of Six Sigma programs to improve quality and strategy execution?

• A) Memphis & Company applies advanced statistical methods to identify and remove the causes of defects.
• B) Milwaukee Hospital improves the accuracy of administering the proper drug doses to patients.
• C) LG Electronics reengineers its value chain activities by creating cross-functional teams.
• D) La Tagliata Boutiques offers a different range of products at different outlets across London.
• E) Amtrak replaces train repair facility in Beech Gorve, Indiana with mobile repair vans to cut operational costs by 40 percent.

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Definitions:

Surplus Increase

A scenario where the excess of supply over demand rises, indicating a larger availability of goods or services than there are consumers.

Consumer Surplus

The variance between the total sum consumers are ready and capable of paying for a product or service versus what they genuinely spend.

New Buyers

Refers to individuals or entities entering the market as consumers for the first time, contributing to increased demand.

Market Entry

The strategy or process by which a company enters a new market or industry, which can include establishing new operations or acquiring an existing business.