To achieve lean manufacturing, companies have to
A) Invest in computers and buy new software
B) Hire skilled workers and produce smaller lot sizes
C) Invest in latest communication technology
D) Acquire one of their suppliers
Correct Answer:
Verified
Q28: The process most often used by companies
Q29: Outsourcing is used by companies to
A) Create
Q30: Critical elements of TQM approach are
A) It
Q31: Six Sigma attempts to reduce defects to
Q32: The reason companies decide to make parts
Q34: Maintaining inventories helps companies to
A) Sell at
Q35: International companies maintain inventory to
A) Take advantage
Q36: Some of the costs associated with maintaining
Q37: Opportunity cost is defined as
A) The cost
Q38: Just-in-time system of inventory is defined as
A)
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