Final Answer:
Reducing the number of defects is the key factor that helps improve the s/q rating of branded pairs produced at a particular production location.
Step-by-step explanation:
The s/q rating, or the quality-to-cost ratio, is a measure of the value derived from the quality of production relative to the associated costs. To understand the impact of the provided options on the s/q rating, we can analyze each one:
Increasing Production Speed: While this might enhance output, it could potentially compromise quality, leading to a higher defect rate and a negative impact on the s/q rating.
Reducing the Number of Defects: This directly improves the quality of the produced pairs, positively influencing the s/q rating by ensuring a higher proportion of defect-free products in the total production.
Increasing the Number of Workers: While more workers may boost production speed, it doesn't guarantee improved quality. In fact, it might even lead to an increase in defects if not managed effectively.
Using Cheaper Raw Materials: Opting for cheaper raw materials may reduce costs but could compromise the quality of the final product, negatively affecting the s/q rating.
In conclusion, reducing the number of defects directly contributes to improved product quality, positively impacting the s/q rating. It ensures that a higher proportion of the produced branded pairs meets the desired quality standards, enhancing customer satisfaction and overall business performance.