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:

Fees Earned

Revenue generated from services provided.

Common Stock

A kind of stock that signifies having a stake in a company, accompanying the power to vote and the possibility of receiving dividends.

Stockholders' Equity

After liabilities are removed, what remains of the assets in a corporation, indicating an ownership share.

Liabilities

Financial obligations or debts that a company owes to outside parties, which must be settled over time through the transfer of economic benefits.