Use the Following Table to Determine Which Statement Is True

question 147

Multiple Choice

Use the following table to determine which statement is true. $\begin{array}{|c|c|}\hline \text { Year } & \text { Surplus or deficit }(-) \text { billions of dollars } \\\hline 1946 & -15.9 \\\hline 1947 & 4.0 \\\hline 1948 & 11.8 \\\hline 1949 & 0.9 \\\hline 1950 & -3.1 \\\hline\end{array}$

• A)The budget deficit in 1950 was $2.3 billion.
• B)From 1946 to 1950, the U.S. debt was $2.3 billion.
• C)From 1945 to 1950, the debt rose by $2.3 billion.
• D)In 1950, the U.S. debt was $2.3 billion.

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Definitions:

Cycle Time

is the total time from the beginning to the end of a process, as measured by the customer, that enables a complete understanding of the duration involved in creating a product or service.

Value-Added Efforts

Initiatives or activities that enhance the worth of products, services, or processes, providing additional benefits to customers or stakeholders.

Scrap Rates

The percentage of materials or products that are discarded because they are not up to the required standards or specifications.

Continuous Improvement

A sustained endeavor to refine products, services, or processes through gradual and revolutionary enhancements.