Siemens Manufacturing Wanted to Increase the Efficiency of Their Turbine

question 115

Multiple Choice

Siemens manufacturing wanted to increase the efficiency of their turbine manufacturing process by implementing a lean-based methodology. In order to understand how best to do this, Siemens entered a 'learning partnership' with Toyota, where managers from Siemens would act as 'managers-for-a-week' at Toyota to learn about their lean manufacturing processes. This is an example of:

• A)resourcing.
• B)racing.
• C)spying.
• D)benchmarking.

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Definitions:

Government Agencies

Entities established by a government to perform specific functions or provide services in accordance with legislative mandates.

Checks Outstanding

Refers to checks that have been written by a company but have not yet been cashed or cleared by the bank.

Amount of Checks

The total monetary value represented by checks issued or received by an individual or business.

Uncollectible Account

A receivable that is considered uncollectible from a debtor, usually leading to it being written off as a bad debt expense.