JIT Manufacturing Emphasizes

question 86

Multiple Choice

JIT manufacturing emphasizes

• A)continuous improvement.
• B)elimination of waste.
• C)reduction of work-in-process inventories.
• D)all of the above.

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Definitions:

Frictional Unemployment

Unemployment that occurs when people are between jobs or are entering the labor market for the first time.

Discouraged Workers

Individuals who are not actively seeking work because they believe no jobs are available for them or there are no jobs for which they would qualify.

Unemployment Rate

The rate of unemployment among people actively looking for work in the labor force.

Discouraged Workers

Individuals who are not actively looking for work because they believe no jobs are available for them or there are no positions for which they qualify.