Code of Ethics

question 24

Multiple Choice

Code of ethics:

• A)should not include guidelines for day-to-day activities.
• B)should exclusively include laws and regulations set by government agencies.
• C)should not be too detailed.
• D)should not be designed to guide decision making.

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Definitions:

Prevention Cost

Expenses incurred to avoid defects in products or services, including costs associated with quality planning, training, and process control.

Finished Products

Goods that have completed the manufacturing process and are ready for sale to customers.

Cell Conversion Cost

The costs, both direct and indirect, associated with converting raw materials into finished goods within a manufacturing cell.

Lean Cell

A workstation or area in manufacturing designed according to lean principles, focusing on minimizing waste and maximizing efficiency.