FCL Professionals Workshop on RAINBOW TEAM Projects

What is the full form of RAINBOW 

• Rational Admirable Inspiring Nice Beautiful Optimistic Wonderful

• Responsible Ambitious Important Neat Benevolent Observant Worthy

• Reliable Adept Innocent Noble Brave Organized Well-mannered

• R7 Accelerate Innovation Negotiation Best Practices Optimization Waste

Use Value makes

• Makes The Product To Function

• Makes The Product To Sell

• Makes Function To Product

• Makes Sell To The Product

Esteem Value Makes

• Makes The Product To Function

• Makes The Product To Sell

• Makes Function To Product

• Makes Sell To The Product

New Cost Reduction wave is launched because employees --- interest into earlier wave

• take

• loose

• add

• show

Reducing the cost of poor quality is one of the best ways to increase a company's ---

• agility

• profit

• sustainability

• brand

'--- point ownership for cost reduction works well with most of the organisations

• Multiple

• Cross-functional

• Single

• Dual

Supplier base rationalisation means reduction in ---

• vendor numbers

• purchase orders

• GRNs

• alternate sourcing

'--- Tree ensures the appropriate allocation of cost reduction

• Cost

• Production

• KPM

• BOM

Iceberg shows ---- costs of COPQ

• known

• open

• material

• hidden

The four categories of costs associated with product quality costs are :

• External failure, internal failure, repair, and appraisal

• External failure, internal failure, prevention, and appraisal

• External failure, internal failure, prevention, and inspection

• Warranty, product liability, training, and appraisal