US CMA Part 1 · Chapter 4 · Question 21 of 22
In a Six Sigma improvement project, what do the letters of the DMAIC methodology stand for?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) Define, Measure, Analyze, Improve, Control
Explanation
DMAIC is the structured problem-solving cycle used in Six Sigma for improving existing processes: define the problem, measure current performance, analyze root causes, improve the process and control it to sustain the gains.
More Cost Management MCQs
- Q1In its first year, a company produced 50,000 units and sold 46,000 units. Fixed manufacturing overhead was $600,000; there were no…
- Q2Per-unit costs for a product are: direct materials $14, direct labor $9, variable manufacturing overhead $5, fixed manufacturing overhead…
- Q3Which cost is treated as a product cost under absorption costing but as a period cost under variable costing?
- Q4Westbury Inc. sells a product for $80. Variable production cost is $36 per unit and variable selling cost is $4 per unit. Fixed…
- Q5A joint process costing $240,000 yields 8,000 units of Product P, with a sales value at split-off of $30 per unit, and 12,000 units of…
