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The lean system concept will not work without the proper environment. Which one of the following characteristics is most common to firms that have successfully implemented a lean system?
Unit of Labor
A measure of labor input, often represented by one worker or one hour of work, used to calculate productivity or costs.
Marginal Cost
The price of fabricating another unit of a good or service.
Total Cost
The sum of all costs incurred in the production of goods or services, including fixed and variable costs.
Fixed Cost
A cost that does not change with the level of output or sales, such as rent, salaries, and insurance.
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