Which of the Following Is NOT a Principle of Process

question 24

Multiple Choice

Which of the following is NOT a principle of process improvement?

• A)Produce at the rate of customer demand.
• B)Sequence activities to minimize setups,distance,or other transition costs.
• C)Change process design to facilitate product improvements.
• D)All of these are principles of process improvement.

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Definitions:

Estimate At Completion

A forecasting tool used in project management to predict the total cost of a project at its completion.

Budgeted Cost

The estimated financial expenditure for a project, activity, or operation, typically set during the planning phase.

Planned Value

In project management, it represents the estimated monetary value of the work planned to be done on a project at a given point in time.

Budget At Completion

The total budgeted cost of a project at its completion, including all planned expenditures and liabilities.