TQM Quiz
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According to the S-Shaped curve, diminishing returns for a single year budget become significant at
$750,000
If a company with low automation wanted to invest in a single area that exclusively lowers labor costs, they would select:
QIT (Quality Initiative Training)
The TQM report can be accessed from
The Foundation FastTrack
The exact outcome of TQM efforts appear on the TQM Report, and as bar charts on the TQM spreadsheet. These results are for
cumulative for the previous and all remaining rounds (assuming no additional investment is made)
Investing in the same TQM Initiative round after round will create
diminishing returns