Which of the Following Is Not an Expected Result of Improved

question 22

Multiple Choice

Which of the following is not an expected result of improved quality of operations?

• A) Decreased inventory turnover.
• B) Higher product/service selling prices.
• C) Faster throughput time.
• D) Lower total manufacturing cost.
• E) Increased sales volume.

Understand the concept and applications of alternative dispute resolutions (ADRs) in organizations.

Identify the roles and responsibilities of mediators, arbitrators, and outplacement counselors.

Recognize the impact of employee assistance programs on workplace stability and employee welfare.

Comprehend the significance of open-door policies, peer review, and mediation as conflict resolution methods.

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Definitions:

Holding Cost

The expenses associated with storing unsold goods or materials, including warehousing, insurance, depreciation, and opportunity cost.

Shipping Cost

The expense incurred to transport goods from one location to another.

Factor Weighting Technique

A decision-making tool that assigns weights to various factors or criteria based on their importance, used to evaluate alternatives or make choices.

Subjectivity

The quality of being based on or influenced by personal feelings, tastes, or opinions rather than external facts or evidence.