The Goal of Lean Production Is to Use the Minimum

question 93

True/False

The goal of lean production is to use the minimum amount of resources necessary to achieve a total bundle of satisfaction for the customer.

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Definitions:

Restricted Fund

Funds that are designated for a specific purpose by the donor or governing authority, limiting their use by the recipient organization.

Investment Income

Income received from investments, including dividends, interest, rental income, and capital gains.

General Fund

The primary operating fund of a governmental entity used to account for all financial resources except those required to be accounted for in another fund.

Restricted Contribution

Funds given to an entity with specific conditions or purposes attached, limiting their use.