Lean thinking can be defined as
A) The effective planning, organizing, and controlling of the many value-creating activities of the firm
B) The integration of key business processes concerning the flow of materials from raw material suppliers to the final customer
C) A philosophy that seeks to improve quality continuously to please customers, reduce costs, and ultimately create competitive advantage for the firm
D) The planning, scheduling, and controlling of resources to meet the specific goals of a project
E) An operating philosophy encompassing the objectives of high quality, fast response, and low waste within the organization and between supply chain trading partners
Correct Answer:
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Q28: An activity associated with the supplier relationship
Q29: An activity associated with the returns management
Q30: An activity associated with the returns management
Q31: A successful customer relationship management program should
A)Identify
Q32: Concurrent engineering means
A)The planning, scheduling, and controlling
Q34: Just-in-time systems are
A)The set of activities associated
Q35: Total quality management is
A)The effective planning, organizing,
Q36: Material requirements planning applications are
A)The set of
Q37: Manufacturing resource planning is
A)The set of activities
Q38: Which state best describes the enterprise resource
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