According to the Five S's System, to Organize Work and Optimize

question 14

Multiple Choice

According to the Five S's system, to organize work and optimize output, sort requires

• A) Decluttering and arranging
• B) Establishing a place for everything and putting everything in its place
• C) Cleaning the work area
• D) Establishing best practices
• E) Ensuring improvements are continued

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Definitions:

Operating Expenses

Expenses incurred during the normal course of business operations, including sales and marketing, research and development, and administrative expenses.

Gross Profit

The difference between revenue and the cost of goods sold (COGS), indicating the profit a company makes before deducting operating expenses.

Cost of Goods Sold

Costs directly connected to the assembly of products sold by a business, covering materials and labor expenses.

Operating Income

The profit realized from a business's core business operations, excluding deductions of interest and tax.