In Implementing a Lean Production System You Should Work with Suppliers

question 18

Multiple Choice

In implementing a lean production system you should work with suppliers to do which of the following?

• A) Calculate lead times.
• B) Use quality circles.
• C) Freeze windows.
• D) Make frequent deliveries.
• E) Achieve bottom-round management.

---

Definitions:

Factor Prices

The costs associated with the inputs used in production, such as labor wages and capital rental rates.

Production Function

An economic model that describes how inputs are transformed into outputs by a firm.

Units Of Output

A measurement of productivity that represents the total quantity of goods or services produced by a firm or economy.

Labor

The human effort, including both mental and physical activities, employed in the production of goods and services.