Which One Is NOT an Application of Lean Principle in Services

question 105

Multiple Choice

Which one is NOT an application of lean principle in services?

• A) JIT in food supply management
• B) improving kitchen layout at McDonald's to drive seconds out of the production process
• C) inventory sharing among members of the pharmaceutical network
• D) scheduling personnel availability at 15-minute increments to meet demand fluctuations
• E) securing more inventory to prepare for disruption in production

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Definitions:

Retained Earnings

The portion of net income left over for the business after it has paid out dividends to its shareholders.

Initial Value Method

A method of accounting in which an investment is initially recorded at its cost without adjusting for changes in the market value over time.

Net Income

The conclusive profit of a corporation once revenue has had taxes and expenses subtracted from it.

Common Stock

A type of equity security that represents ownership in a corporation, with holders possibly entitled to dividends and voting rights in some corporate matters.