Question

26

Which of the following is not taken into consideration while the production plan is built?

		cost of finished goods
		levels of inventory
		probability of back orders
		impacting marketing activities
		effect on employees

25.

Which of the following problem solving tool(s) should be used to identify root causes of the problems in TQM philosophy?

		Check sheets and histograms
		Histograms
		Fishbone diagrams and pareto analysis
		Control charts
		All of the above

Answer 1

Q26) Answer is - A) cost of finished goods

Production Plan includes the details of the mix of products and the quantities that need to be processed over the near future by balancing resources. It doesn't consider cost of finished goods as a factor.

Q25) Answer is - C) Fishbone diagrams and pareto analysis

Fishbone diagrams helps in identifying the causes of problems by using 5 whys technique.

Pareto chart helps in doing 80-20 analysis where 80 % of issues are caused by 20 % of the problems.