Multiple Choice
Which of the following statements relating to total quality management is TRUE?
A) High product quality in manufacturing can have significant market implications for a firm.
B) To produce 100 good units in a process with a 20 percent defective rate, the company must produce a total of 120 units.
C) The only effect of internal failure is loss of material.
D) Poor quality generally does not increase the inventory level or lead times.
Correct Answer:

Verified
Correct Answer:
Verified
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