The Most Rigorous of All Standards Is the

question 31

Multiple Choice

The most rigorous of all standards is the

• A) normal standard.
• B) realistic standard.
• C) ideal standard.
• D) conceivable standard.

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Definitions:

Lead Time

The amount of time it takes for an order to be fulfilled from the moment it is placed until it is received by the customer.

Kanban Size

The quantity of work or materials specified by a Kanban card, used in a pull system to control inventory and workflow.

Setup Cost

The expenses incurred to prepare equipment or processes for manufacturing an order or a batch of goods, including costs for adjusting machines, cleaning, and changing tooling.