In a Lean Production System,kanban Systems Have Been Shown to Handle

question 72

True/False

In a lean production system,kanban systems have been shown to handle large fluctuations in the production requirements on the final assembly line.

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Definitions:

Depreciation Expense

Methodically dispersing the cost of a physical asset over its serviceable lifetime.

Dividends

Distribution of a portion of a company's earnings, decided by the board, to a class of its shareholders.

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts, closing out the period.

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions to shareholders, reinvested in the business or kept as reserve.