Which of the Following Is an Objective of Lean Manufacturing

question 48

Multiple Choice

Which of the following is an objective of lean manufacturing?

• A)eliminating waste
• B)increasing inventory levels
• C)increasing lead time
• D)all of these choices

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Definitions:

Business Risk

The potential for loss or failure in the operation of a company, often due to external and internal factors.

Financial Assets

Assets that derive value because of a contractual claim on them, such as stocks, bonds, bank deposits, and other investments.

Non-Financial Assets

Assets that are not in the form of cash or cannot be easily converted to cash, such as property, plant, and equipment.

Risk-Free Assets

Investments that are considered to carry no risk of financial loss, typically represented by government bonds or treasury bills.