The concept of _____ consists of rework and disposal efforts that increase cost and decrease productivity
a. the hidden factory
b. Six Sigma
c. continuous improvement
d. zero defects
e. kaizen
a
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Karen wants to complete an annual assessment of her organization’s ethics performance over the last year and to establish a benchmark so she can design an ethics training seminar for the first of the year. She wants to know mostly about the behaviors of upper management in her company. Which of the following would be her best choice?
a. Administer the popular “Ethical Climate” survey to employees in the company. b. Administer the popular “Corporate Ethical Values” survey to employees in the company. c. Administer the popular “Ethical Culture” survey to employees in the company. d. Have employees assess, in a quiz, the company’s performance based on its code of ethics.
If an investment's net present value is positive, then:
A) The investment provides a return greater than the discount rate. B) The investment provides a return less than the discount rate. C) The present value of the cash outflows must have been greater than the present value of the cash inflows. D) The investment should be deemed as unacceptable.
Units transferred from a prior process to a subsequent process are referred to as
A) transferred in units B) finished goods C) work in process D) beginning goods
In minimizing total crashing costs, it is best to first crash the activity in a project network with the cheapest cost to crash per period
Indicate whether the statement is true or false