Step One in the Lean Thinking Model Requires

question 24

Multiple Choice

Step one in the lean thinking model requires

• A)target costing, that is determining the acceptable cost the customer is willing to pay.
• B)an assessment of the potential value that can be added to the firm by adopting the lean manufacturing concept.
• C)identifying processes that do not add value to the manufacturing process.
• D)identifying push factors that can be converted to pull factors.

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Definitions:

Personality Inventory

A questionnaire or survey used to assess an individual's personality traits and characteristics.

Conscientiousness

A personality trait characterized by thoroughness, carefulness, and the desire to do a task well.

Big Five Dimensions

A model outlining five broad personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Acronym

An abbreviation formed from the initial letters of other words and pronounced as a word.