Lean measures which have financial impact are those that create cost reduction, inventory reduction, or increased revenue. Which measure would be used if the hourly wage rate is computed and counted each time a process is executed?

Question

Quizplus · Accepted Answer

The financial impact of time would be used if the hourly wage rate is computed and counted each time a process is executed. Each time the process is executed, the net savings in time is attributed to financial benefits. This measures personnel time needed before and after an improvement.

Lean Measures Which Have Financial Impact Are Those That Create