Exam 8: Performance Measurement And Information Management

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Define each of the following terms and relate to the context (manufacturing or service)in which each term could be used: a)Number of nonconformities per unit b)Error per opportunity c)Nonconformity versus defect

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According to Six Sigma standards,a defect rate of 2 per 1,000 is equivalent to:

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_____ uses analytical approaches and technologies such as cluster analysis,neural networks,and fuzzy logic.

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Generally,many organizations classify defects into _____ defects,_____ defects,and _____ defects.

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Which category usually accounts for the highest proportion of quality costs in companies that have just started a quality cost program?

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A machined part is returned to the drilling department for rework.The additional labor that is used to correct the quality problem with the part is:

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An advantage of cost of quality measures is that management receives a report where the unit of analysis is:

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Which of the following is NOT a finding resulting from managers beginning to define and isolate the full range of quality-related costs?

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_____ is a useful financial performance indicator,which managers use to prioritize improvement projects and gauge the effectiveness of total quality efforts.

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_____ increase managers' understanding of the data,particularly how conditions in one period compare with those in other periods.

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Performance measures and indicators should reflect the most important factors that predict customer satisfaction and business performance.

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Costs associated with measuring and analyzing data in order to detect and correct quality problems are:

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ERP systems,due to their emphasis on data security,are designed to restrict the flow of data through an organization.

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Regulatory or legal compliance is an example of a:

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Which of the following is NOT a customer-focused outcome?

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Managers review performance results for all of the following reasons EXCEPT to:

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The use of statistical techniques,such as regression and analysis of variance,will ensure an organization's ability to effectively analyze data.

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Leading organizations in information management rigorously justify the return on investment of each expenditure in information technology.

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Which of the following statements about traditional accounting systems is INCORRECT?

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A simple type of index is called a _____ index,computed by dividing a current value by a base period value.

(Short Answer)
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