Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Question
Chapter 3, Problem 4DQ
Summary Introduction
Interpretation:Write a note on the value addition of quality awards to the organization receiving the prize.
Concept Introduction:Awards are given to the winner of a competition in any field. Quality awards are mostly team awards i.e. awarded to teams. Winning an award means preparing for and excelling in a competition on specific topic /themes.
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Chapter 3 Solutions
Practical Operations Management
Ch. 3 - Prob. 1DQCh. 3 - Prob. 2DQCh. 3 - Prob. 3DQCh. 3 - Prob. 4DQCh. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Prob. 6P
Ch. 3 - Prob. 7PCh. 3 - Prob. 8PCh. 3 - Prob. 9PCh. 3 - Prob. 10PCh. 3 - Prob. 11PCh. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - Prob. 14PCh. 3 - Prob. 15PCh. 3 - Prob. 16PCh. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - Prob. 19PCh. 3 - Prob. 20PCh. 3 - Prob. 21PCh. 3 - Prob. 22PCh. 3 - Prob. 23PCh. 3 - Prob. 24PCh. 3 - Prob. 1.1QCh. 3 - Prob. 1.2QCh. 3 - Prob. 1.3QCh. 3 - Prob. 1.4QCh. 3 - Prob. 3.1QCh. 3 - Prob. 3.2QCh. 3 - Prob. 3.3Q
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Perkins Company has been experiencing lost sales and high returns recently, so they decided to undertake a comprehensive quality program. Here are factors being considered: Finished products need to be inspected before shippingEstimated cost: $45,000 Production equipment needs upgradingEstimated cost: $400,000 Perkins knows that if it undertakes this program, it will be able to reduce warranty repair costs by $25,000. They also know they will be able to avoid lost profits by retaining customers, but they cannot quantify that benefit with any degree of precision. Should Perkins go ahead with the quality program? A) Yes, they should, regardless of any other considerations. B) No, they should not. C) They should, only if the benefit of avoiding lost profits is estimated to be over $420,000. D) They should, only if the benefit of avoiding lost profits is estimated to be over $445,000.arrow_forwardHow can IT help reduce expenses and/or improve quality?arrow_forwardWhat should a CIO who want to implement a new Quality Improvement program consider?arrow_forward
- 1) Quality is defined as the totality of features and characteristics of a product or service that bears its ability to satisfy stated or implied needs of the customer. A Manufacturing firm is planning to implement quality management in the factory? Briefly describe the four major categories of costs that are associated with quality that this firm will have to consider?arrow_forwardWhat may happen if any organization fails to maintain good quality standard in its product or service?arrow_forwardWhat impact does using a certain data type have on a field's reliability?arrow_forward
- How can a philosophy of quality improvement help a firm in its overall efforts of improving the quality of its products and Servicesarrow_forwardconsider the following reliability analysis for the variable customer difference. What could you conclude from it?arrow_forwardThe American Society for Quality (ASQ) defines quality as "the totality of features and characteristics of a product or service that bear on its ability to satisfy given needs". a) Comment on this definition - is there anything you would add or change to improve it? b) Describe two statistical tools or quantitative methods that might be employed to quantify an organization's ability to meet customer expectations, Be sure to include an explanation of how, specifically, each tool or method enables the accurate assessment of organizational output (product or service).arrow_forward
- Assume your company is looking to employ new teachers for your project management class. Make a list of quality criteria that you may use to help you decide who to hire. Assume that some of your existing professors do not fulfill these requirements. Make recommendations on how you would deal with this scenario.arrow_forwardYou are an experienced quality manager in a growing organization, you have selected several talented engineers for promotion to their first management positions and are responsible for guiding their growth in their new responsibilities. What are some of the skills your new quality managers should acquire, and what advice will you give them about the new challenges they will face?arrow_forwardDiscuss how either good or poor quality affects you personally as a consumer. For instance, describe experiences in which your expectations were met, exceeded, or not met when you purchased goods and services. Did your experience change your regard for the organization and/or product? How?arrow_forward
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