Question: 1)The learning curve model applies only to _____ . a) new product development costs b) overhead costs c) direct labor costs d) engineering costs 2)To

1)The learning curve model applies only to _____ .

a) new product development costs

b) overhead costs

c) direct labor costs

d) engineering costs

2)To ensure that their conduct is ethical, what should buyers avoid?

a) action

b) incoterms

c) reciprocity

d) getting any information from their suppliers

e)comply with regulations

3)Which of these is NOT a goal of Lean Manufacturing principles? a) improving product quality

b) eliminating scrapped products

c) reducing material costs

d) reducing output variability

4) Who should be involved in kaizen and continuously improving processes?

a) delivery drivers

b) production workers and supervisors

c) everyone

d) office managers

5) The goal of optimizing your supply base is not only to have the very best suppliers but also to have .....

a) the ideal number of suppliers

b) a just-in-time supplier

c) maximize number of suppliers

d) more customers than suppliers

e) an excess supply of suppliers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!