BUS 230 Week 6 Quiz

BUS 230 Week 6 Quiz| Assignment Help | Strayer University 

Question 1

Deming’s 14 points stress the importance of:

Question 2

A six sigma (6σ) approach to quality:     

Question 3

The role and responsibilities of supply may contribute to the containment of the cost of poor quality by addressing:

Question 4

Quality control in services is:

Question 5

A sampling technique that is based on the cumulative effect of information that every additional item in the sample adds as it is inspected is called:        

Question 6

ISO 9001:2008 provides a tested framework for a systematic approach to consistently delivering product that satisfies customers’ expectations by managing:    

Question 7

A process is capable when:                       

Question 8

Upper (UCL) and lower control limits (LCL):    

Question 9

A supplier certification program:             

Question 10

Determination of the “best buy” is based on:                

Question 11

 Inventory use that is determined directly by customer orders is called:                              

Question 12

When a retailer uses daily sales of each product to identify patterns and to forecast inventory requirements, this is an example of:        

Question 13

A buffer inventory:             

Question 14

On an annual requirement of 100 items spread evenly throughout the year, any purchaser has an opportunity of buying all 100 units at a price of $100 each, or buying 10 units at a time at a price of $120. If the inventory carrying cost is 25 percent per year and assuming no ordering costs:       

Question 15

Which statement is most accurate when thinking about deciding how much to buy:                                  

Question 16

Stock out costs:       

Question 17

Closed-loop MRP:  

Question 18

“A” items in ABC analysis are:    

Question 19

The three main inputs of a material requirements planning (MRP) system are:       

Question 20

When the carrying cost of inventory is expressed as a percentage: