Which of the following is true of a lean manufacturing system?
A) It results in a major reduction of inventories and productivity.
B) It helps to increase efficiency by allowing a minimum tolerable level of defects in products.
C) It allows managers to maximize customer value but results in increased manufacturing costs.
D) It allows managers to eliminate waste, reduce costs, and reduce lead times.
Correct Answer:
Verified
Q23: The accounting approach designed to support and
Q24: The difference between the total profit change
Q25: Identifying value streams may be accomplished by
Q26: Lean manufacturing is best defined as
A)an operating
Q27: Which is NOT a benefit of lean
Q29: A difference between Toyota's lean manufacturing system
Q30: _ allocation is the only allocation used
Q31: The achievement of _ efficiency and _
Q32: The quantitative assessment of productivity changes is
Q33: The point at which technical and allocative
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