Strayer BUS 302 Quiz 10 updated
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BUS 302 Quiz 10 updated
1. Which of the following is NOT a kind of cost associated with maintaining an inventory?
2. In TQM terms, ____ is an organizational goal to provide products or deliver services that meet or exceed customers’ expectations.
3. The easier it is to maintain a working product or fix a broken product, the more ____ that product appears.\
4. ____ productivity is a measure of performance that indicates how much of a particular kind of input it takes to produce an output.
5. ____ is a measure of performance that indicates how many inputs it takes to produce or create an output.
6. Which of the following is NOT a kind of inventory a manufacturer would keep in stock?
7. The American Society for Quality defines quality as ____.
8. The three principles that characterize TQM are continuous improvement, customer focus and satisfaction, and ____.
9. The average time between breakdowns (for machinery) is referred to as ___?
10. ____ is the number of times per year that a company sells or replaces its average inventory.
11. ____ is a ticket-based system that indicates when to reorder inventory.
12. This is a description of what happened to a patron at Royal Mail (the United Kingdom’s equivalent of the USPS). “In the 15 minutes I waited in line, during which I shuffled forward one yard and two places, I had ample opportunity to watch what the other three staff were doing. They were busy all right, but the main task was counting each stamp in their folders. In this vital work, two of the three were overseen by another member of staff. There was no eye contact with the waiting customers.” Assuming this experience is typical, the Royal Mail needs to engage in ____.
13. Pamela makes cloth dolls, which she sells to friends and relatives. Her total inventory includes over 200 yards of fabric, 100 yards of ribbon, a box of 500 eyes, stuffing, 20 dolls in various stages of completion, and 15 completed dolls. How many items are in Katian’s finished goods inventory?
14. The term ____ refers to restoring customer satisfaction to strongly dissatisfied customers.
15. An article addressed to nurses who work in intensive care emphasize practices affirming the patient’s intrinsic value and individual personality One method to affirm the patient’s intrinsic value is to demonstrate
16. A company expressing its ongoing commitment to continuous product improvement and premium quality products is committed to ____.
17. Most companies define product ____ in terms of how easy or difficult it is to fix a product.
18. The ability to consistently perform a service well is referred to as service ____.
19. A product’s quality is determined by its ____.
20. The product quality characteristic of ____ is defined as the mean time before product failure.
21. ____ inventories include the basic inputs in a manufacturing process.
22. Which of the following is an important characteristic of a quality product?
23. Royal Mail (the United Kingdom’s equivalent of the USPS) needed to transform the image its customers had of the organization. A key part of the transformation was to permanently pass decision-making authority and responsibility to its workforce and allow them to develop and implement their ideas on how to improve performance and service to customers. According to one manager, “We understand now that people who work here care as much as managers do about the business.” The Royal Mail used ____ to improve service.
24. ____ is a deviation in the form, condition, or appearance of a product from the quality standard for that product.
25. Hattie Cao operates Peachy Keen and sells her products through catalog orders. The small company has three employees. It produces and sells seven kinds of peach pies, three kinds of peach cake, two kinds of peach cookies, and a peach salsa. She normally keeps 250 jars of salsa in stock, but she noticed today that she has more than 500 bottles in her inventory. Cao decided to reduce her inventory by lowering her price. Her plan to get rid of excessive inventory was so successful that she found herself completely sold out in just a couple of days. In other words, Cao experienced ____.
26. Xerox is a firm believer in total quality management (TQM). Anne Mulcahy, the president of Xerox, was quoted as saying, “TQM may help employees figure out how to solve a specific problem. But the really big payoff comes when they share that solution with others.” In her statement, Mulcahy was promoting which characteristic of TQM?
27. ISO 14000
28. The three basic measures of inventory are inventory turnover, average aggregate inventory, and ____
29. Studies clearly show that customers care more about ____ than anything else when buying services.
30. Which of the following is NOT a criterion on which companies are judged when applying for the Baldrige National Quality Award?
31. Downtime and lost efficiency are both examples of ____.
32. Massey Ferguson, a division of AGCO Corp., has introduced two updated front cut mowers designed to provide a high level of serviceability. “The updated mowers are targeted toward golf course, municipality and commercial cutting operations and have been designed with easy operation and safety in mind,” the company said. This means the mowers ____.
33. An article addressed to nurses who work in intensive care said, “Patients may feel isolated or ostracized from those around them, including medical staff, because of their condition or appearance. Practices affirming the patient’s intrinsic value and individual personality will be critical to establishing trust and rapport.” One method to affirm the patient’s intrinsic value is to provide ____.