While Business Organizations Can Seek to Achieve the Baldrige National

question 61

True/False

While business organizations can seek to achieve the Baldrige National Quality Award, universities cannot.

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Definitions:

Direct Labor-Hours

The total hours of labor directly involved in manufacturing a product.

Machine-Hours

A measure of the amount of time a machine is operated, used in calculating manufacturing overhead rates.

Predetermined Overhead Rate

A rate used to allocate estimated overhead costs to products or job orders, based on a pre-established criterion.

Machine-Hours

A metric that evaluates output or operational activity by tracking the number of hours that machinery runs.