Exam 6: Managing Quality

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What refers to looking at a product's life from design to disposal, including all the resources required?

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Many firms approach corporate social responsibility through the concept of "shared value." What is meant by "shared value"?

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Developing policies and practices that enhance the competitiveness of the organization while advancing the economic and social conditions in the communities in which it operates.

The quality loss function indicates that costs related to poor quality are low as long as the product is within acceptable specification limits.

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Techniques for building employee empowerment include:

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Kaizen is a Japanese term meaning:

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A production manager at a pottery factory has noticed that about 70 percent of defects result from impurities in raw materials, 15 percent result from human error, 10 percent from machine malfunctions, and 5 percent from a variety of other causes. This manager is most likely using:

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Which of the four major categories of quality costs is particularly hard to quantify?

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Identify the four costs of quality. Which one is hardest to evaluate? Explain.

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Which of the following is an example of implementing the circular economy through logistics?

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Attribute inspection measures such dimensions as weight, speed, size, or strength to see if an item falls within an acceptable range.

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Which of the following refers to how companies remain in business?

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One of Britain's largest children's hospitals working with a Ferrari racing team is an example of:

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PDCA, developed by Shewhart, stands for which of the following?

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Three concepts that have proven helpful as managers consider sustainability are: ________, ________, ________.

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What does CSR stand for?

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"The employee cannot produce products that on average exceed the quality of what the process is capable of producing" expresses a basic philosophy in the writings of:

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Design for ________ encourages designers to create products that can be taken apart and whose components can be recovered, minimizing impact on the environment.

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Suppose that a firm has made the following computations for its design for disassembly: processing cost per unit = $13.00, disposal cost per unit = $3.00, resale revenue per unit = $22.00, and recycling revenue per unit = $5.00. What is the revenue retrieval for this product?

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Management is concerned that workers create more product defects at the very beginning and end of a work shift than at other times of their eight-hour workday. Construct a scatter diagram with the following data collected last week. Is management justified in its belief? Management is concerned that workers create more product defects at the very beginning and end of a work shift than at other times of their eight-hour workday. Construct a scatter diagram with the following data collected last week. Is management justified in its belief?

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The phrase Six Sigma has two meanings. One is statistical, referring to an extremely high process, product, or service capability; the other is a comprehensive system for achieving and sustaining business success.

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