Capsim TQM/Sustainability Quiz--Business Policy (Williamson)

The TQM Report can be accessed from the ________________.

Capstone Courier.

True or False: The exact outcome of TQM efforts appear on the TQM Report, and as bar charts on the TQM spreadsheet. These results are for the previous round only, assuming no additional investment is made.

False. -TQM investment take effect the year they are made, and are cumulative, paying off year after year.

True or False: Diminishing returns will occur when investing in the same TQM Initiative round after round.

True.

True or False: 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).

True.

True or False:According to the S-Shaped curve, diminishing returns for a single year budget become noticeable at $2,000,000.

True.