Lean Operations Are Known for Their

question 89

Multiple Choice

Lean operations are known for their:

• A)employee development.
• B)supplier education.
• C)supplier partnerships.
• D)challenging jobs.
• E)All of the above are attributes of lean operations.

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Definitions:

Schedule Of Activity

A detailed plan that outlines all the tasks, timings, and responsibilities involved in a project or process to ensure successful completion and management.

Costs

Expenses incurred by a business or individual in the production, maintenance, or purchase of goods and services.

Cost Of Goods Sold

The cost of merchandise sold recognized as an expense; the cost of finished goods available for sale minus the ending finished goods inventory.

Inventory

Inventory consists of the goods and materials a business holds for the purpose of resale or production, including raw materials, work-in-progress, and finished goods.