Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins

Exercise 19

Management Accounting’s Role in Six Sigma This chapter contains an overview of the Six Sigma process that many organizations are using today to improve services and products. One could get the impression from the discussion that this topic is more properly a management or an operations management issue. Respond to this position by speculating as to the appropriate role of the management accountant in the Six Sigma process. (Hint: Use as the basis of structuring your response the DMAIC implementation approach that is commonly associated with Six Sigma.)

Step 1 of 2

Sigma is basically a short-form of standard deviation. Here, six sigma means six standard deviation from the normal value, and three sigma means three standard deviation from the mean value.