An Objective of Lean Manufacturing Is to Eliminate ??????_________ of Any

question 128

Multiple Choice

An objective of lean manufacturing is to eliminate ??????_________ of any kind.

• A)cost
• B)fraud
• C)waste
• D)holding

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Definitions:

Tangible Assets

Physical and material assets owned by a company, such as buildings, machinery, and inventory, which have a defined monetary value and can be physically touched.

Knowledge

constitutes the facts, information, and skills acquired through experience or education, encompassing theoretical and practical understanding of a subject.

Vacating Employees

Refers to the process of employees leaving their current positions, either voluntarily or involuntarily.

Due Diligence

A comprehensive appraisal undertaken by a prospective buyer, especially of a business, to establish its assets and liabilities and evaluate its commercial potential.