Response to the following problem:
Brian Taylor of Kernel Season's must understand his manufacturing costs to effectively operate and succeed as a profitable and efficient company.
Required
1. What are the three main categories of manufacturing costs that Brian must monitor and control? Provide examples of each.
2. How can Brian make the Kernel Season's manufacturing process more cost-effective? Provide examples of two useful managerial measures of time and efficiency.
3. What are four goals of a total quality management process? How can Kernel Season's use TQM to improve its business activities?