Which of the Following Is Characteristic of Lean Operations

question 96

Multiple Choice

Which of the following is characteristic of lean operations?

• A) inventory buffers between each workstation to minimize system downtime
• B) easy, mindless jobs
• C) specialty workers with no cross-training
• D) low space requirements
• E) no supplier partnerships

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Definitions:

Lump Sum Payment

A single payment made for the entirety of an owed amount, instead of breaking it into multiple payments.

Economic Difference

The disparity in economic conditions, wealth, or resources between different groups or regions.

Compounded Monthly

The process where interest earned is added to the principal sum each month, which then earns further interest.

Inheritance

Assets or property received from someone who has passed away, often as dictated by a will or the laws of intestacy.