Which of the Following Most Accurately Describes the Role of Quality

question 5

Multiple Choice

Which of the following most accurately describes the role of quality in a lean/just-in-time manufacturing environment?

• A)High quality is an important waste reduction tool.Reducing defects reduces wasted material and capacity,and reduces the need for safety stocks.
• B)Quality has little to do with JIT.JIT is primarily a scheduling and inventory control tool.
• C)The important thing is to screen the defects out of incoming components and raw materials.If this is done,the production process can carry on without much concern for quality.
• D)Because everything is being done just in time,there is no time to worry about quality during the production process.Instead,we rely on screening out defects during finished goods inspection.

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Definitions:

Circular Flow

An economic model that illustrates the continuous movement of goods, services, and money between households and businesses.

Transfer Payments

Payments made by governments to individuals or groups without requiring any goods or services in return, such as welfare, social security, and subsidies.

Injections

Funds entering the economy through investment, government spending, and exports that can stimulate economic activity.

Value Added Method

An approach to calculating GDP that sums the values added at each stage of production, reflecting the contribution of labor and capital to the production process.