Which of the Following Statements Is True of Quality

question 93

Multiple Choice

Which of the following statements is true of quality?

• A) It can be measured in terms of product performance, customer service, and reliability.
• B) It cannot be improved continuously.
• C) It refers to keeping costs low enough so the company can realize profits and price its products at levels that are attractive to consumers.
• D) It refers to goodwill stemming from one's social relationships.
• E) It is described as rapid execution, response, and delivery of results.

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Definitions:

Source B

This does not appear to represent a standard key term within common academic or technical contexts. Therefore, NO.

Capacity

The maximum amount that something can contain or produce, often used in reference to production and manufacturing facilities, systems, and services.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a specified time period.

Northwest-Corner Method

A technique used in solving transportation problems in operations research, starting with the top-left (northwest) corner of a matrix to minimize costs.