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1. (TCO 11) An advantage of financial cost of quality measures is that they (Poi

ID: 2382101 • Letter: 1

Question

1. (TCO 11) An advantage of financial cost of quality measures is that they (Points : 3)                                           are often easy to quantify and understand.
                                        provide immediate short-run feedback on whether quality improvement efforts have, in fact, succeeded in improving quality.
                                        direct attention to physical processes and therefore focus attentions on the precise problem areas needing improvement.
                                        provide a single, summary measure of quality performance.
                                            
                         

               
                         

               
                         

               
                         

               
                         

               
                         

               
                         

               
                         

               
                         

               
                       

        

                     Question 2. 2. (TCO 11) A key question in relevant cost and relevant revenue analysis is (Points : 3)                                           "By how much can sales be increased and costs reduced?"
                                        "What purpose is best served for cost allocation and which criterion is most appropriate?"
                                        "How will total costs and total revenues change under each solution?"
                                        "What are the amounts of incremental costs and incremental revenues under each alternative?"
                         

Explanation / Answer




1) Which of the following is NOT one of the steps in managing bottlenecks under the theory of constraints? (Points : 3)
Subordinate all nonbottleneck operations to the bottleneck operation.