UPDATE|COMPREHENSIVE
QUESTIONS WITH CORRECT/
VERIFIED ANSWERS|(frequently most
tested question)GET IT 100%
ACCURATE | ALREADY GRADED A+
Define benchmarking? -
✔✔ANSWER✔✔>>Comparing your company
or departments' performance to those of other
companies.
Define Cost-Benefit Analysis? -
✔✔ANSWER✔✔>>Comparing the costs of an
effort to the benefits of that effort.
How much inventory is maintained in a "Just-In-
Time" environment? How does it affect attention
, to Quality? - ✔✔ANSWER✔✔>>Little inventory
is maintained. It forces attention to quality.
Name cost of conformance and non-
conformance? Which costs should be greater?
What does cost of non-conformance mean?
Provide examples. - ✔✔ANSWER✔✔>>Costs
of Conformance:
* Quality Training
* Studies
* Surveys
Costs of Non-Conformance- The costs of
conformance should be less than non-
conformance.
* Rework
* Scrap
* Inventory Costs
* Warranty Costs
Costs of non-conformance are associated with
poor quality.