MGMT 490-HR & TQM Quiz
According to the S-shaped curve, diminishing returns for a single year budget become noticeable at
$2,000,000
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)
Teams can eliminate all recruiting costs if they wish
false
Worker training is entered by the
hour
The TQM report can be accessed from
The Capstone Courier
The exact outcome of TQM efforts appear to be on the TQM reports, 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)
Assuming productivity index is greater than 100%, adding overtime will
decrease the productivity index
Management should strive to
decrease turnover
Investing in the same TQM initiative round after round will create
diminishing returns
Generally, separation costs will be incurred when
production levels decrease and/or automation levels increase
Recruiting costs are incurred when
production runs increase and teams match hiring to needed complement
Increasing capacity tends to
reduce the number of workers on second shift
Increasing training hours tends to
both increase and decrease the needed complement
Production runs can be scheduled in
one or two shifts
Hiring the needed complement will always eliminate
overtime