In a Lean System, the Key to Continuous Improvement Is

question 62

True/False

In a lean system, the key to continuous improvement is the understanding that excess capacity or inventory hides problems on the shop floor and thus prevents waste sources from being identified and eliminated.

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Definitions:

Assessed

The determination of the value of a property or income by an official authority for taxation or pricing purposes.

Property Taxes

Taxes levied by local governments based on the assessed value of real estate property owned by individuals or businesses.

Municipal Services

Public amenities and services provided by a city or town government such as water supply, sewage, sanitation, public transportation, and parks.

Governmental Agencies

Governmental agencies are public entities established by governments to enact policies, regulate activities, and administer services in various sectors.