INTB 1209 Chapter Notes - Chapter 15: Externality, Total Quality Management, Iso 9000
22 Mar 2016
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Production and logistics work together to: lower costs, disperse production activities around the globe to where they can be performed most efficiently, increase product quality by doing this you also. Total quality management (tqm) a philosophy adopted in the 80"s and 90"s first by the japs then by americans. Stated that mistakes, defects, and poor-quality materials are not acceptable. Supervisors should work with employees and employees shouldn"t be afraid to report problems or recommend improvements. Based on statistics aimed to reduce defects, boost productivity, eliminate waste, and cut costs. Iso 9000 quality standard of a firms manufacturing process in the (cid:3) (cid:3) European union that every product must be certified under (cid:3) (cid:3) Country factors: future movements in exchange rates. High fixed costs means serving the world from on manufacturing location. Low fixed costs enables a firm to disperse its manufacturing activities across the world: minimum efficient scale.
