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Six uses of feedback are given below. Match each independent statement with one of the feedback uses.
Uses of feedback:
a. Changing goals.
b. Changing how decision alternatives are identified.
c. Changing managers.
d. Changing the range of information collected in order to make predictions.
e. Changing how the company operates.
f. Changing reward systems.
Independent Statements:
1. Quality control activities have been moved from the end of the assembly line to critical points along the assembly line.
2. Home office changes stock option plans.
3. Jackson Company increases emphasis on cash flow rather than income, after prior liquidity problems lead to bankruptcy.
4. The Economic Order Quantity (EOQ) and reorder points of the inventory system are being converted to automatic processing on the computer to increase the information for forecasting inventory demand.
5. MLB Company contracts with an outside janitorial service rather than continuing with its own cleaning crew.
6. AMB Company is adopting online meetings to identify which product lines to establish.
7. Local Computer Company incorporates average inflation forecasts for wages when predicting future labour costs.
8. Altec Company considers basing its marketing bonuses on the profitability of sales rather than on the dollar amount of sales.
Governor Adjusting Screw
A component in machinery that allows for the adjustment of the governor, which regulates the engine speed by controlling fuel intake.
Cutout Pressure
The pressure level at which a pressure switch deactivates, or a safety valve opens to prevent excessive pressure build-up in a system.
PMI
Project Management Institute, a global organization that offers certifications and promotes standards for project management.
Relay Valve
In air brake systems, a valve that receives a control signal and then uses a local supply of air to send out to actuator devices. Most relay valves replicate the signal pressure valve to the out circuit, but some are designed to amplify or modulate the signal.
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