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Multiple approval levels for a small purchase request is an example of which type of waste?
Suggested Answer: A, B
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The most common subjective forecasting techniques include the following:
- Market surveys
- Employee surveys
- Expert knowledge (Delphi method is a method using expert knowledge)
- Test marketing
Cycle counting is a periodic analysis of inventory in a storage location which is conducted through the counting of samples instead of physically counting the entire inventory available, so as to quickly have an accurate estimate of the inventory available without causing a stop to the day to day working as is the case with physically counting every unit.
The Pareto principle (also known as the 80/20 rule, the law of the vital few, or the principle of fac-tor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes.
Weighted moving averages assign a heavier weighting to more current data points since they are more relevant than data points in the distant past. The sum of the weighting should add up to 1 (or 100 percent).
LO 2, AC 2.3
43 comments · newest first
LA
Lashaun
11 months ago
Inventory waste doesn't fit this scenario at all.
GL
Gladys
12 months ago
Wait, really? Multiple approvals is wasteful?
HO
Horace
12 months ago
Over-processing makes sense here.
ED
Eden
1 year ago
I thought it was about not using talent?
ES
Estrella
1 year ago
That's definitely over-processing!
DA
Dana
1 year ago
I’m confused; I thought inventory was more about stock levels. Could it be that multiple approvals create excess steps instead?
TY
Tyra
1 year ago
This question feels familiar, and I think I practiced something similar where over-processing was the answer. It makes sense here too.
KA
Katina
1 year ago
I'm not entirely sure, but I remember something about not using talent. Maybe it applies here if the approvals are slowing down the process?
HU
Huey
1 year ago
I think this might relate to over-processing since having multiple approvals seems like an unnecessary step for small purchases.
BR
Brock
1 year ago
I feel pretty confident that the answer is A, over-processing. That's the type of waste that comes to mind when I think of redundant approval processes.
BU
Bulah
1 year ago
Okay, let me walk through this step-by-step. Multiple approval levels... that's definitely adding unnecessary steps. I'll go with A, over-processing.
QU
Quentin
1 year ago
Over-processing, got it. This is a classic example of an unnecessary bureaucratic process that just adds time and cost without any real value.
BA
Barbra
1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully to make sure I don't miss anything.
MI
Miles
1 year ago
This one seems pretty straightforward - multiple approval levels for a small purchase request is clearly an example of over-processing waste.
ER
Erick
1 year ago
I'm a little confused on this one. Is it over-processing or not using talent? I'll have to review my notes before deciding.
KA
Kathryn
1 year ago
Okay, I've got this. Over-processing is the right answer here - having multiple approval levels for a small purchase is an unnecessary and wasteful process.
MI
Mindy
1 year ago
Hmm, I'm not totally sure about this one. I'll have to think it through carefully before answering.
NA
Na
1 year ago
This one seems pretty straightforward - multiple approval levels for a small purchase request is clearly an example of over-processing waste.
JO
Johanna
1 year ago
This is a good example of over-processing waste. Too many approval steps for a simple purchase request is just adding unnecessary bureaucracy.
SH
Sharan
1 year ago
Hmm, I'm a bit confused by the different logging options presented. I'll need to double-check the logging configurations and make sure I understand how each option would impact the custom category debug logging.
TE
Teri
1 year ago
This seems like a classic contract law question. I'll focus on the key characteristics of an offer and use the process of elimination to arrive at the right answer.
KA
Karima
1 year ago
This question is making me think of that episode of The Office where they had to get 50 signatures for a supply request. Talk about over-processing!
YU
Yun
1 year ago
Exactly! They should let us use our skills instead of wasting time on unnecessary approvals.
CH
Christa
1 year ago
B) Not using talent
DO
Dorthy
1 year ago
I know, right? It's like they don't trust us to make simple decisions.
CO
Corinne
1 year ago
A) Over-processing
TA
Tarra
1 year ago
Multiple approval levels? Sounds like someone's trying to make their job more important than it is.
RO
Roselle
1 year ago
Inventory? Nah, this is about the approval process, not physical inventory. I'm going with option A.
VE
Venita
1 year ago
Yeah, over-processing seems to be the waste related to multiple approval levels for a small purchase request.
MA
Marta
1 year ago
I think you're right, over-processing makes more sense in this scenario.
MA
Marleen
1 year ago
I agree, it seems like over-processing is the right choice here.
ER
Ernest
2 years ago
Over-production? I don't think so. This is more about unnecessary steps in the process, not producing too much.
MA
Marquetta
2 years ago
I'd say it's a classic case of not using talent. All those approvals are a waste of skilled employees' time.
CR
Cristy
1 year ago
C) Over-production
RI
Ria
1 year ago
B) Not using talent
HE
Herman
1 year ago
A) Over-processing
BE
Beata
2 years ago
Definitely over-processing. Too many approval levels for a small purchase is just bureaucratic overkill.
AL
Alica
1 year ago
B) Not using talent
LE
Leslie
1 year ago
I agree, having multiple approval levels for a small purchase request is definitely over-processing.
MI
Mitzie
1 year ago
A) Over-processing
HY
Hyman
2 years ago
I disagree, I think it's C) Over-production because unnecessary approval levels can lead to excess production.
EL
Elly
2 years ago
I agree with Melita, having multiple approval levels for a small purchase request seems like over-processing.
ME
Melita
2 years ago
I think it's A) Over-processing.