Weston,Inc

question 72

Multiple Choice

Weston,Inc.,produces widgets.To manufacture a new type of widget,it took 25 iterations before the process reached a steady state of 32 hours.If Weston has an 83% learning rate,use the logarithmic approach to calculate the time it took to manufacture the first widget.

• A)76.02 hours
• B)76.72 hours
• C)76.07 hours
• D)73.53 hours

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Definitions:

TQM

Total Quality Management, a management approach focused on continuous improvement of processes in organizations, emphasizing quality and customer satisfaction.

Long-Term Gains

Benefits or profits that accrue over an extended period of time, often as the result of investments or strategic planning.

Total Quality Management

A management approach centered on continuous improvement, focusing on quality in all organizational processes to meet or exceed customer expectations.

TQM Programs

Total Quality Management programs are comprehensive systems in organizations aimed at improving performance and achieving long-term success through customer satisfaction.