Which of the Following Statements Is Most Correct with Respect

question 25

Multiple Choice

Which of the following statements is most correct with respect to total quality management?

• A)Quality control is the responsibility of specialists who randomly perform quality checks on items as they leave the assembly line.
• B)Quality is a customer-oriented philosophy with important implications for virtually all aspects of organizational behavior.
• C)Quality is an employee-oriented philosophy required by quality engineers.
• D)Quality is machine driven with quality improvements resulting from use of robotic equipment.

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Definitions:

Total Variable Cost

The sum of all variable costs associated with the production of a given level of output.

Total Fixed Cost

The sum of all costs required to produce any product or service that does not change with the level of output.

Average Fixed Costs

Average fixed costs are the total fixed costs of production divided by the quantity of output produced, which decreases as production increases.

Marginal Cost Curve

A graphical representation that shows how the cost of producing one additional unit of a good varies as production volume changes.