As a means of measuring the effects on other areas of a process as a result of changes in the primary metric we also define and track ________________.
What dollar amount of savings would a project show if it reduced your outstanding Accounts Receivable by $1.4 million dollars to $5.3 million total and your
organization's marginal cost of capital was 6.2%?
A Belt rearranged the location of the parts inventory for a rework station locating the most often used parts to be within hand reach of the repair person. This
rearrangement resulted in quicker repair times by eliminating one of seven major elements of waste which is the Waste of __________.
The primary objective in removal of waste is to improve the Order Production Cycle where the time from _________________ to the time of receipt of payment is
compressed.
Handling of warranty returns, process improvement team meetings and rework to meet customer expectations are all examples of business costs that are classified
as ________________.
At the very initiation of a project a Belt must develop a concise _______________ that states at a high level the area of concern and why it is important this issue be
improved.