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Which of the Following Are Features of Lean Manufacturing

question 55

Essay

Which of the following are features of lean manufacturing?
a. Maintaining excess inventory to ensure that products will always be available
b. Cross-training of employees
c. Giving employees additional authority and responsibility
d. Product-oriented layout
e. Increased setup time

Understand the calculation and application of materials quantity variance.
Comprehend the computation of the flexible budget and its relevance to indirect labor costs.
Grasp the concept and calculation of spending variances for total expenses.
Learn to calculate and interpret spending variances for plane operating costs.

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