The Visual Workplace

question 181

Multiple Choice

The visual workplace:

• A) uses low-cost visual devices to share information.
• B) may use andons.
• C) may use clocks to remind employees of the goal.
• D) may use kanbans to reduce inventory.
• E) All of these describe the visual workplace.

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Definitions:

Unliquidated Debt

A debt for which the exact monetary value has not been determined.

Consideration

Something of value exchanged between parties in a contract, required for the agreement to be legally binding.

Liquidated Debt

A debt for which the amount owed is known and agreed upon by both parties.

Liquidated Debt

A debt for which the exact monetary value has been determined and acknowledged by both the debtor and creditor.