All of the Following Are Benefits Expected from Implementing Lean

question 42

Multiple Choice

All of the following are benefits expected from implementing lean production except

• A)better quality.
• B)shorter lead times.
• C)reduced capacity.
• D)improved sales.

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Definitions:

Instrument

A formal legal document, such as a contract, will, bond, lease, or loan, that establishes legal rights and obligations.

Negotiation

A bargaining process in which disputing parties interact informally to attempt to resolve their dispute. Also, the transfer of the rights to a negotiable instrument from one party to another.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations that may arise from actions or transactions.

Discharged

Released from liability for a negotiable instrument.