
Exam 3 Review
Authored by Bryan Tolinski
Business
University
Used 2+ times

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12 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT one of the major costs of quality categories?
Prevention costs
Appraisal costs
Internal Failure Costs
External Failure Costs
Customer Service Costs
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which TQM principle is missing from the picture?
Continuous Improvement
Customer Satisfaction
Management Approval
Employee Empowerment
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Fill in the blank: The plan-do-study-___ cycle illustrates continuous improvement.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Should action be taken for the following sample? (yes/no)
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which type of pattern is pictured, which is a repeatable pattern of increases or decreases in demand, depending on periods of time?
Random
Cyclical
Seasonal
Trend
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is NOT considered a quantitative forecasting method?
Economical review forecasting
Causal methods
Trend projection with regression
Time-series analysis
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
_________ methods are used when there is no historical data to support a quantitative method.
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