The Implementation of Small Incremental Improvements in All Areas of the Organization

question 46

Multiple Choice

The implementation of small incremental improvements in all areas of the organization on an ongoing basis is referred to as:

• A) benchmarking.
• B) empowerment.
• C) systems theory.
• D) contingency perspective.
• E) continuous improvement.

Comprehend the process of air system charging and its impact on trailer brake release.

Grasp the concept of modulating hold-off pressure for park/emergency braking applications.

Learn the appropriate use and handling of tools for setting rivets.

Know the FMVSS-121 stopping distance requirements for tractor-trailer rigs built after 2010.

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Definitions:

Unit Selling Price

The amount of money charged to the customer for a single unit of product or service.

Contribution Margin

The difference between sales revenue and variable costs, representing the amount that contributes to covering fixed costs and generating profit.

Contribution

The portion of sales revenue that exceeds variable costs, contributing towards covering fixed costs and generating profit.

Machine Hour

A measurement of production time, quantifying the number of hours a machine is in operation during a given period.