Lean manufacturing is best defined as
A) an operating approach that reports on the effectiveness of the management of the organization.
B) an operating approach designed to eliminate waste and maximize customer value.
C) an operating approach that is designed to analyze the activities of the organization.
D) an operating approach that is designed to compute variances between expectations and actual performance.
Correct Answer:
Verified
Q21: Which of the following is NOT a
Q22: Maximizing customer value, on-demand production, and zero
Q23: The accounting approach designed to support and
Q24: The difference between the total profit change
Q25: Identifying value streams may be accomplished by
Q27: Which is NOT a benefit of lean
Q28: Which of the following is true of
Q29: A difference between Toyota's lean manufacturing system
Q30: _ allocation is the only allocation used
Q31: The achievement of _ efficiency and _
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