1. Investing in the same TQM Initiative round after round will create
A. ever increasing returns
B. diminishing returns
C. the same amount of return
2. According to the S-Shaped curve, diminishing returns for a single year budget become noticeable at
A. $1,000,000
B. $1,500,000
C. $2,000,000
3. If a company with low automation wanted to invest in a single area that exclusively lowers labor costs, they would select:
A. QIT (Quality Initiative Training)
B. Concurrent Engineering
C. Vendor/JIT (Just in Time [Inventory])
4. The exact outcome of TQM efforts appear on the TQM Report, and as bar charts on the TQM spreadsheet. These results are for
A. the previous round only
B. the upcoming round only
C. cumulative for the previous and all remaining rounds (assuming no additional investment is made)
5. The TQM report can be accessed from
A. The Capstone(r) Courier
B. The Decisions menu