Which of the Following Is True About Total Quality Management

question 67

Multiple Choice

Which of the following is true about total quality management?

• A) Output goals and targets should include only numbers.
• B) The number of steps to assemble a product should be increased.
• C) Employees should be asked for suggestions about improvements.
• D) Incentives such as bonus pay and promotional opportunities should be eliminated.
• E) A just-in-case inventory system should be introduced.

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Definitions:

Repair Cost

The expense incurred to fix or restore equipment, machinery, or property to its operational condition.

Least-squares Regression

A statistical method used to determine the line of best fit by minimizing the sum of the squares of the vertical distances of the points from the line.

Total Cost

The sum of all expenses incurred in the production of goods or services, including fixed and variable costs.

Monthly Production

The total output or quantity of goods produced by a company in a single month.