The business analysis stage represents the first large jump in financial investment in the new product development process

The philosophy of zero defects is:

A) the result of Deming's research. B) unrealistic. C) prohibitively costly. D) an ultimate goal; in practice, 1 to 2% defects is acceptable. E) consistent with the commitment to continuous improvement.

The distribution inventory management system which forecasts when the various demands will be

made by the system on central supply is called: A) order point system. B) push system. C) distribution requirements planning. D) pull system. E) inventory replenishment.