Problem 1
Provide a short overview of the Deming Prize
- Background of Deming prize (who established it, how it helped Japan etc.)
- Deming Prize categories
- Deming Prize Criteria
- Deming Prize Committee
Problem 2
What are different factors of productivity? How is productivity expressed in terms of factors?
- Factors of productivity include land, space, labour, machine, capital, material, and overhead
- Productivity is expressed as partial factor productivity, multifactor productivity, and total productivity