What is just-in-time manufacturing, and how does it contribute to total quality management?


JIT operates with a minimum of inventory on hand, with materials and components literally arriving "just in time" to enter the production process. Mistakes that do occur tend to have high visibility and are more quickly identified and corrected than in conventional systems that have large production runs before shipment or transfer to either the final customer or the next workstation.

Business

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Which of the following is NOT recommended behavior in a job interview?

a. Initiate a handshake if the interviewer does not. b. Wait for the interviewer to ask you to be seated. c. Lean slightly forward to show interest. d. Emphasize a rising intonation at the end of sentences.

Business

A new corporation's name can be deceptively similar to, but not the same, as the name of an existing corporation doing business within the state.

Answer the following statement true (T) or false (F)

Business

When a seller fails to deliver goods, either by being too late to be useful or because the goods are nonconforming, the buyer is entitled:

a. to nothing b. to a compensatory payment of $1000 c. to buy substitute goods and recover the price difference d. to require the seller to find deliver new goods e. to sue for breach of confidentiality

Business

The standard error of the sample proportion gets larger as:

A. p approaches 0 B. p approaches 0.50 C. p approaches 1.00 D. None of these choices.

Business