<span>Quality control is involved in developing systems to ensure products or services are designed and produced to meet or exceed customer requirements. These systems are often developed in conjunction with other business and engineering disciplines using a cross-functional approach. The person most known for his work in quality control is W. Edwards Deming, a professor at nyu who had a great effect on Japanese manufacturing.</span>
Solution :
a). There is a way to state the question :
If there are two firms, firm A and firm B. Both the forms are same in all the respects but differ in only one thing, that firm A provides job training 1 hour per worker more than the number of hours of training of firm B, by how much the output of firm A would differ than the output from firm B?
b). The manufacturing firms that are located in Ohio will provide the job training based on the characteristics of workers. Some of the determining factors includes years of schooling, experience in a particular job, etc. The firms can even consider the worker's age, race or gender. The training will be provided to the less efficient workers based on their ability.
c). The amount of the capital as well as the technology that is available to the workers would affect the output of the firm. Thus the firms having the same kind of employees would have different outputs when the firms used different technology or different amount of capital.
d). No, unless the training is randomly assigned. The factors are listed above which can contribute to the finding of a positive correlation between the output and the training even when the job training does not improve the productivity of the worker.
Answer:
the minimum output level where the firm's average total costs are lowest.
Explanation:
When we are analyzing a firm's long-run average cost (LRAC) curve, the minimum efficient scale is the lowest point or range on the curve. This means that at this point or range, minimum production costs are achieved. It is supposed to be the point or range at which the firm should be able to maximize its profits, although that doesn't only depend on costs but also on revenues. The point at which profits are maximized is given by the intersection of the marginal revenue curve and the minimum efficient scale.
Without everyone using the same system, it would be impossible to know locate folders or files. Where would you go to set up margins on a letter? Which actions should be done throughout the mail merge process?
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