Which Type of System Is Designed for Smooth Production Flow

question 59

Multiple Choice

Which type of system is designed for smooth production flow to avoid inefficiencies,eliminate unnecessary inventories,and continuously improve production processes?

• A) Quality system
• B) Lean system
• C) Managed system
• D) Production system
• E) Flexible system

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Definitions:

Risk Level

A measure of the potential for loss in an investment or business decision.

Business Units

Distinct segments within a larger corporation, focused on specific product lines or market areas.

Weighted Average

An average in which each quantity to be averaged is assigned a weight, reflecting its importance or frequency relative to other quantities.

Market Value

The transaction value at which a service or asset is currently listed in the market.