Business Finance Homework Help

In this module we have covered a number of various common Lean Six Sigma Improvement strategies.

For this discussion, please create a post that covers the following elements:

1. What is one (1) example of any of the improvement strategies (aka as “countermeasures”) covered in this module that you have seen in the real world (work, home, school, wherever)? Please describe the concept you have seen using 1-2 sentences. Pictures are welcome too!

2. What problem does that strategy or countermeasure address? Please describe in 1-2 sentences.

3. How well do you believe it works? Please describe in 1-2 sentences.

4. Is there anything you would recommend to improve the countermeasure itself, or anything else you would recommend to solve the problem?

After your initial post, respond to at 2 other students’ posts. Remember that a contribution beyond just, “Looks good,” or “I think we’ve covered it” is required to create a more engaging classroom. Each response to another student must be at least 4 sentences long. Consider building upon their ideas, respectfully challenging their thinking, asking questions, sharing what you thought about, etc.

Student A’s post:
“1. What is one (1) example of any of the improvement strategies (aka as “countermeasures”) covered in this module that you have seen in the real world (work, home, school, wherever)? Please describe the concept you have seen using 1-2 sentences. Pictures are welcome too!

An example of improvement strategies that everyone can observe nowadays is public libraries. I can see how efficiently the 5S strategy is implemented there making their services highly organized and customer-oriented. All 5 steps of the 5S strategy are present in libraries. Books and magazines are sorted, neatly arranged and these standards are maintained by personnel.

2. What problem does that strategy or countermeasure address? Please describe in 1-2 sentences.

Without the 5S strategy, we would observe chaos and disorder. Finding a book will be extremely hard and inconvenient. It would take much more time and effort for visitors and employees to detect necessary material.

3. How well do you believe it works? Please describe in 1-2 sentences.

The 5S strategy serves well for a place such as public libraries. Labeling shelves and book sections allow readers to find books they need much faster. Visitors can use a computer and through library applications to find where books they need are situated.

4. Is there anything you would recommend to improve the countermeasure itself, or anything else you would recommend to solve the problem?

There is one thing that I believe might make libraries even more efficient. Let’s pretend that each shelf of a group of books will have an electrical indicator (like a flashing light). Once you put the name of the book or author name in the search engine, the light on the shelf starts flushing indicating where the book is located. You just go right there and take what you were looking for.

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Student B’s post:
“1. An example of a pull system is the ice cream shop I worked at. Similar to the Starbucks example in the lecture video, we would not make a finished product until it was ordered by a customer.

2. This strategy helps to address the problem of food safety or food spoilage that could happen if we tried to make them before they were ordered. It also keeps the freezer space needed to store the ice cream minimal because only the tubs need to fit and not a bunch of pre-scooped ice cream cones.

3. I believe that it works well because it keeps the ice cream frozen without freezer burn and allows the customers to customize their order and know it will be prepared quickly.

4. This system seems to work very well and since ice cream melts so easily there are few other systems that could work.”