Within the supply chain, which of the following is not considered a `flow'?
Answer(s): D
Supply chains are characterised by three primary flows materials, information, and finance."Decision flow" is not a recognised category.Short cited term: "three main flows: material, information, finance." (L5M7 Study Guide, p. 155)
CIPS L5M7 Study Guide, p. 155.
Six Sigma is only suitable for the manufacturing industry. Is this correct?
Answer(s): C
Six Sigma applies universally to manufacturing, services, and administrative processes, improving quality and efficiency.Short cited term: "applicable across all sectors to improve process performance." (L5M7 Study Guide, p. 154)
CIPS L5M7 Study Guide, p. 154.
In Six Sigma, a Black Belt is the highest level that can be achieved. Is this correct?
The hierarchy extends beyond Black Belt, including Master Black Belts and Champions, who provide leadership and strategic direction.Short cited term: "Master Black Belt and Champion above Black Belt." (L5M7 Study Guide, p. 153)
CIPS L5M7 Study Guide, p. 153.
Normal distribution forms what shape on a graph?
A Normal Distribution forms a symmetrical bell-shaped curve, representing probability distribution around a mean.Short cited term: "normal distribution = bell-shaped curve." (L5M7 Study Guide, p. 150)
CIPS L5M7 Study Guide, p. 150.
When analysing a series of data, the number which occurs most frequently is known as what?
Answer(s): B
The Mode is the value that appears most often in a dataset, distinguishing it from the mean (average) and median (middle value).Short cited term: "mode = most frequent value." (L5M7 Study Guide, p. 149)
CIPS L5M7 Study Guide, p. 149.
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