Most of the Tools and Techniques Used in Lean Systems

question 16

Multiple Choice

Most of the tools and techniques used in lean systems seek to:

• A)Reduce variability from the system.
• B)Reduce the operator's discretion.
• C)Improve product quality.
• D)None of these.

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Definitions:

Rate of Return

The financial outcome, be it profit or loss, from an investment over a planned duration, represented as a percentage of the initial amount invested.

Investment Newsletter

A publication that provides advice and analysis on investment opportunities, market trends, and financial strategies.

Consecutive Years

A period of time consisting of sequential years immediately following one another without interruption.

Predicting

The action or process of making forecasts about future events or outcomes based on current or historical data.