Which of the Following Is Specifically Characterized by the Elimination

question 43

Multiple Choice

Which of the following is specifically characterized by the elimination of waste through a focus on exactly what the customer wants?

• A) Just-in-time (JIT)
• B) Toyota Production System (TPS)
• C) Lean operations
• D) Material requirements planning (MRP)
• E) kanban

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Definitions:

Financial

Refers to matters related to money, investments, lending, budgeting, saving, and forecasting.

Marketing Sections

Divisions within a business or organization focused on developing strategies to promote products or services to potential customers.

Inadequate Financing

Situations where there is not enough capital or funding available to support a business's operations or growth plans.

Niche Marketers

Businesses or persons specializing in targeting and serving a specific segment of the market with particular products or services.