The ________ for Quality Was Established in 1951 by the Japanese

question 32

Multiple Choice

The ________ for quality was established in 1951 by the Japanese Union of Scientists and Engineers.

• A) Deming Prize
• B) Juran Prize
• C) Ishikawa Prize
• D) Taguchi Prize
• E) Baldrige Prize

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Definitions:

Accounts Receivable

The amount of money owed to a business by its customers for goods or services that have been delivered but not yet paid for.

Sales

The transactions involving the exchange of goods or services for money, representing a key revenue source for most businesses.

Indirect Costs

Expenses related to operations that are not directly tied to a specific product or service, such as overhead or administrative expenses.

Cost Of Goods Manufactured

The total production cost of goods that are completed during a specific accounting period, including materials, labor, and overhead.