The Deming Cycle Is

question 224

Multiple Choice

The Deming Cycle is

• A) a checklist that enables managers to evaluate employee performance more systematically.
• B) a systematic method of evaluating potential facility locations.
• C) a process for finding potential quality errors before they occur.
• D) a process for using identical production steps in the creation of different types of products.

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Definitions:

Satellite Global Positioning System

A network of satellites that provide navigation data to military and civilian users around the globe, enabling users to determine their exact location.

Depreciation

The accounting process of allocating the cost of a tangible asset over its useful life, representing wear and tear, or obsoleteness.

Mortgage Bond

A bond secured by a mortgage on a property, where the bondholders have a claim on the property in case of default.

Real Estate

Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature.