Saving Time by Not Producing Poor Quality Products That Cannot

question 102

Multiple Choice

Saving time by not producing poor quality products that cannot be sold,lowering rework costs,lowering scrap costs,and lowering warranty costs are the intended results of:

• A) total feature management
• B) reengineering
• C) logistics
• D) total quality management
• E) materials management

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Definitions:

Foregone Interest

The potential interest income lost when choosing to invest capital in one option over another.

Idle Workers

Employees who are not engaged in production or work activities due to lack of work, broken machinery, or inefficient job allocation, often leading to wasted resources.

Finding Suppliers

The process of identifying and selecting vendors or suppliers who can provide the necessary materials, products, or services for a business.

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.