The Lean Philosophy Recognizes That Some Work-In-Process Inventories Are a Necessary

question 30

True/False

The lean philosophy recognizes that some work-in-process inventories are a necessary investment to allow for smooth work flow.

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Definitions:

Delegate Authority

The process of assigning decision-making authority and tasks to others, empowering them to act on behalf of the delegator.

General Adaptation Syndrome

A three-phase response (alarm, resistance, exhaustion) that the body goes through in reaction to long-term stress.

Exhaustion Stage

The final phase of the stress response, where the body runs out of energy for adapting to stressors and may result in decreased health and functioning.

Latency Stage

A phase in Freud's psychosexual development occurring from around age six to puberty, where sexual urges are dormant, and focus shifts to social and intellectual growth.