“Evolution and Philosophy of TQM” Please respond to the following:
Go to The Quality Register Website and review Dr. Edwards Deming’s 14 Principles located at http://www.qualityregister.co.uk/14principles.html. Next, select three (3) of Deming’s 14 points, and evaluate how each point is critical to the success of a TQM program. Provide specific examples to support your rationale.
“Production Economics and Decisions” Please respond to the following:
From the scenario for Katrina’s Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina’s Candies should use for expansion decisions in the short run and in the long run. Determine under what conditions, a company should or should not continue to produce the good or service.