Scenario Questions
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The taste of burgers across all McDonald outlets should be same. This is an example of ______________.
Sensory critical to quality Characteristic
Physical critical to Quality Characteristic
Time Orientation critical to Quality Characteristic
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Bill 2021-10-13 23:53:44 2021-10-13 23:53:44 The taste of burgers across all McDonald outlets should be same Juran’s Quality trilogy emphasizes the roles of quality planning, quality control and ______________
Quality Definition
Quality enhancement
Quality improvement
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Bill 2021-10-13 23:28:43 2021-10-13 23:28:43 Quality trilogy A fishbone diagram is also known as a .______________
cause-and-effect diagram
poka-yoke diagram
Kaizen diagram
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Bill 2021-10-13 23:21:04 2021-10-13 23:21:04 fishbone diagram Deming’s 4 step cycle for improvement is______________
plan, do, check, act
schedule, do, act, check
do, act, check, monitor
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Bill 2021-10-13 22:55:58 2022-02-26 12:46:47 Deming’s 4 step cycle The real business cycle theory is most closely related to
Keynesian theory
Monetarist theory
The classical theory
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Bill 2021-10-13 22:22:40 2021-10-13 22:22:40 real business cycle theory Joint profits are maximized in the model cartel, which is model of:
Duopsony
Duopoly
Oligopoly
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Bill 2021-10-13 22:12:04 2021-10-13 22:12:04 Joint profits Real business cycle and new Keynesian models disagree upon
Whether people form their expectations rationally
Whether changes in unemployment are voluntary or involuntary
Whether individuals engage in optimizing behavior at all times
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Bill 2021-10-13 22:04:42 2021-10-13 22:04:42 Real business cycle Which of the following hypotheses about voter behavior have been advanced in public-choice literature?
Voters are myopic
Unemployment is more likely to result in vote loss than is higher inflation
Deficit bias of the budget process
Both a and c
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Bill 2021-10-13 21:43:03 2021-10-13 21:43:03 voter behavior When average product is falling, it is
Less than the marginal product
Not measurable in this case
Greater than the marginal product
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Bill 2021-10-13 16:04:03 2021-10-13 16:04:03 average product In case of Giffen goods, demand curve will slope:
Vertical
Horizontal
Upward
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Bill 2021-10-13 15:57:00 2021-10-13 15:57:00 Giffen goods