Match these items.
-Capability
A) A business' abilities that result from its processes
B) Materials used in the production of products and services
C) A measure of the productivity of money invested in a business
D) A plan for creating profitability in the future
E) Production of goods by skilled artisans
F) A philosophy to guide day-to-day decisions
G) Managing system productivity by managing the limiting resources of the system
H) The level of output in a specified period of time
I) A system with little waste
J) The speed at which a business completes tasks
Correct Answer:
Verified
Q34: Match these items.
-Lean systems
A) A business' abilities
Q35: Match these items.
-Inventory
A) A business' abilities that
Q36: Match these items.
-Capacity
A) A business' abilities that
Q37: Match these items.
-Craft Production
A) A business' abilities
Q38: Match these items.
-Profitability
A) A business' abilities that
Q40: Match these items.
-Strategy
A) A business' abilities that
Q41: Match these items.
-Timeliness
A) A business' abilities that
Q42: Match these items.
-Constraint Management
A) A business' abilities
Q43: Explain the key differences between products and
Q44: Define the relationship among resources, processes, capabilities,
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