Ending a reliance on numerical goals would be associated with which of Deming’s 14 Points for Management?
a. Drive out fear
b. Eliminate quotas for workers and managers
c. Break down barriers between departments
d. Take action to accomplish the transformation
b. Eliminate quotas for workers and managers
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The credit side of a T account is the left side
Indicate whether the statement is true or false
Costs that remain constant over a range of production and then abruptly change include:
a. unexpected costs. b. step-variable costs. c. semifixed costs. d. curvilinear costs.
The Japanese term for leveling out the workload or smoothing production is ______.
A. kaizen B. jidoka C. poka yoke D. heijunka
NOW accounts offer an option to traditional demand deposits. All of the following are characteristics of NOW accounts except one. Which is it?
A) You must generally maintain high minimum balances. B) There is a monthly fee associated with them. C) The interest rate is generally higher than other savings accounts. D) The interest rate is generally lower than other cash management alternatives.