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Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques
book

Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

by Kim H. Pries, Jon M. Quigley
December 2012
Intermediate to advanced content levelIntermediate to advanced
365 pages
9h 58m
English
Auerbach Publications
Content preview from Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques

CHAPTER 2 – Saving Money with Homegrown Ideas

I. Rubric for Homegrown Ideas

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II. Questions to Ponder

  • What is brainstorming?

  • What is mind mapping?

  • Draw a mind map of how your product is produced or service is delivered.

  • What are the largest cost factors for your product or service? If you do not have a product or a service, critique another product or service.

  • What is breakeven analysis?

  • We can take $0.50 out of our product. To do so, we must spend $6,500.00. Assuming there are no variable costs and no other fixed costs change, how many ...

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Publisher Resources

ISBN: 9781439887264