Just-in-Time – Knowsia

BMIS – L1 – QE11 – Operations strategy

Explain total quality management.

Question

(a). Total quality management has gained attention in both manufacturing and service firms as a way of improving the firm’s operations, yet its implementation has met a lot of resistance from employees. You are required to:

(i) Explain total quality management.

(ii) Suggest FOUR guidelines that can be adopted to reduce such resistance.

(b) (i) Explain just-in-time inventory control.

(ii) State FOUR advantages of its use in a manufacturing company.

Answer

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Tags: Cost Reduction, Customer satisfaction, Inventory Control, Just-in-Time, Operational efficiency, Waste reduction

Topic: Operations strategy

MA – L2 – Q7 – Models of Evaluation Quality

Explain how TQM, ABC, balanced scorecard, JIT, and value analysis analyze cost and quality relationships.

Question

7 COST AND QUALITY

Explain briefly how each of the following management accounting techniques can be used to analyse the relationship between cost and quality:

(1) Total Quality Management (TQM)

(2) Activity Based Costing (ABC)

(3) Balanced scorecard

(4) Just in Time management (JIT)

(5) Value analysis

Answer

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Tags: Activity Based Costing, Balanced Scorecard, Cost Management, Just-in-Time, Quality management, Total Quality Management, Value Analysis
Level: Level 2

Topic: Models of Evaluation Quality

MA – L2 – Q6 – Total Quality Management

List key aspects of TQM, explain quality-related costs, describe JIT management, and explain activity-based management.

Question

6 TOTAL QUALITY

(a) List the key aspects of Total Quality Management (TQM).

(b) What are quality-related costs? What is the TQM approach to quality-related costs, and how does this differ from the more traditional approach to these costs? (6 marks)

(d) Briefly explain the nature of activity based management (ABM).

Answer

Find Related Questions by Tags, levels, etc.

Tags: Activity Based Management, Cost Management, Just-in-Time, Quality Costs, Total Quality Management
Level: Level 2

Topic: Models of Evaluation Quality

Tag (SQ): Just-in-Time

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BMIS – L1 – QE11 – Operations strategy

Explain total quality management.

MA – L2 – Q7 – Models of Evaluation Quality

Explain how TQM, ABC, balanced scorecard, JIT, and value analysis analyze cost and quality relationships.

MA – L2 – Q6 – Total Quality Management

List key aspects of TQM, explain quality-related costs, describe JIT management, and explain activity-based management.

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Tag (SQ): Just-in-Time

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BMIS – L1 – QE11 – Operations strategy

Explain total quality management.

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MA – L2 – Q7 – Models of Evaluation Quality

Explain how TQM, ABC, balanced scorecard, JIT, and value analysis analyze cost and quality relationships.

You're reporting an error for "MA – L2 – Q7 – Models of Evaluation Quality"

MA – L2 – Q6 – Total Quality Management

List key aspects of TQM, explain quality-related costs, describe JIT management, and explain activity-based management.

You're reporting an error for "MA – L2 – Q6 – Total Quality Management"

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