Toyota and Capital One Cases

question 28

Multiple Choice

Toyota and Capital One Cases
-Which of the following statements accurately describe the Toyota Production System?
I.The entire production is shut down every time the on cord is pulled
II.There is zero idle time at each production step
III.The TPS uses no buffers
IV.TPS uses buffer inventories between line segments to avoid blocking and starving of the production line

• A)I only
• B)II only
• C)III only
• D)IV only
• E)I, II, III and IV
• F)II and IV
• G)II, III and IV
• H)I and IV

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Definitions:

T-statistic

In statistical testing, it represents the calculated difference between sample means relative to the variability observed in the samples, serving as basis for hypothesis testing.

Negative Value

A numerical value less than zero, indicating a deficit or decrease when compared to a baseline of zero.

Group's Mean

The average value obtained by summing all the numerical values in a group and dividing by the number of values.

T-test

A statistical test used to compare the means of two groups or samples to determine if there is a significant difference between them.