The Main Objective of Lean Manufacturing Is to

question 99

Multiple Choice

The main objective of lean manufacturing is to

• A) keep labor costs as low as possible by expanding the use of other resources.
• B) produce products that have fewer frills and options in order to simplify the production process and keep costs as low as possible.
• C) produce goods using less of all types of resources.
• D) get state and local governments to handle many of the tasks currently performed by the firm.

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Definitions:

Quantity Demanded

The cumulative quantity of a product or service that buyers are ready and capable of buying at a specific price.

Power

The capacity or ability to direct or influence the behavior of others or the course of events.

Exercised

Pertains to the act of utilizing or applying a right, option, or faculty, often in context but not limited to physical activities or financial options.

Power

The ability to influence or control the behavior of people or the course of events.