A Quality Management Tool That Shows the Steps and the Relationships

question 110

Multiple Choice

A quality management tool that shows the steps and the relationships among steps in a process is a

• A) Checksheet.
• B) Flowchart.
• C) Control chart.
• D) Pareto chart.

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Definitions:

Marginal Product Curve

A graph that illustrates the change in output when an additional unit of input is added, holding all other inputs constant.

Production Function

Describes the relationship between inputs used in production and the resulting output.

Long Run

A period of time in economics during which all factors of production and costs are variable, allowing for full industry adjustment.

Diseconomies Of Scale

Situations where a firm's costs per unit increase as the scale of production increases, typically due to inefficiencies that arise from becoming too large.