Session 1- Lean Flashcards
(34 cards)
1
Q
BVA
A
Business Value Add
2
Q
COPQ
A
Cost of Poor Quality
3
Q
CT
A
Cycle Time
4
Q
CTS
A
Cost to Satisfaction
5
Q
CTQ
A
Cost to Quality
6
Q
CVA
A
Customer Value Add
7
Q
DFSS
A
Designed for Six Sigma
8
Q
DMAIC
A
Define Measure Analyze Improve Control
9
Q
DPMO
A
Defects Per Million Opportunities
10
Q
FIFO
A
First In, First Out
11
Q
FMEA
A
Failure Modes & Effects Analysis
12
Q
LHF
A
Low Hanging Fruit
13
Q
NVA
A
Non-Value Add
14
Q
PCE
A
Process Cycle Efficiency
15
Q
PDCA
A
Plan
Do
Check
Act
16
Q
PLT
A
Process Lead Time
17
Q
RPN
A
Risk Priority Number
18
Q
R&R
A
Repeatability & Reproducibility
19
Q
SPC
A
Statistical Process Control
20
Q
TH
A
Throughput
21
Q
WIP
A
Work In Progress
22
Q
Z
A
Z-score (continuous data)
23
Q
n
A
Sample Size
24
Q
DF
A
Degrees of Freedom
of independent variable factors; n-1
25
Alpha (α)
Probability of Type 1 Error
| risk of rejecting Null Hypothesis, when true
26
Beta (β)
Probability of Type 2 Error
| risk of accepting Null Hypothesis, when false
27
P-Value
Probability of Statistical Significance
| >.05
28
X-Bar (x̅)
Sample Mean
29
Mu (µ)
Population Mean
30
S
Sample Standard Deviation
31
Sigma (σ)
Population Standard Deviation
32
ρ
Sample Proportion Defective
33
π
Population Proportion Defective
34
Delta (Δ)
Difference Between Values
