Free L6M8 Exam Questions - Easiest Way for Success

A bread manufacturer requires flour to be delivered to the manufacturing plant on a daily basis. It is important for the bread manufacturer that the quality of the flour meets certain criteria or it cannot be used, and this will impact on the number of loaves that can be produced per day. The manager of the bread manufacturer stated in the contract a qualative target for amount of defects which ties the price they pay to an agreed level of performance. What form of supplier incentive is this?

Which of the following are resources often provided by professional forums and associations? Select all that apply

Below are details of five different companies and the data they collect. For each company, select the characteristic of the data collected and the business area it relates to.

Company 1: This company is collecting data which will assist in the designing of products- ensuring functionality at the lowest cost. The issue with the data is its seasonality.

Company 2: This company has a high number of data files. They are dismantling current ways of working to figure out if there is a more effective way to do things.

Company 3: Data collected by company 3 is collected at speed in real time. They are attempting to find any underlying patterns in the data to inform on better decision making.

Company 4: Company 4’s objective is to reduce the risk of exposure of the company to unforeseen events. Data is being collected in many different formats.

Company 5: This data is similar in format and content but is collected from a wide range of sources. The data looks at the costs and implications of raw materials used in production.

Complete the table below by listing the characteristic of the data and the corresponding business area (some options may be used twice); volume (x2), variety, velocity, variability, complexity, concurrent engineering, process design, statistical analysis, life cycle analysis, risk reduction, value engineering.