With Respect to the Various Tools Used in Lean Thinking

question 70

Multiple Choice

With respect to the various tools used in lean thinking, _____ is designed to ensure that equipment is operational and available when needed.

• A) total productive maintenance
• B) pull production system
• C) source inspection
• D) standardized work system

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Definitions:

Property Plant

Property, Plant, and Equipment (PP&E) are fixed assets including buildings, machinery, and equipment that are owned and used by a company for operations and not for immediate sale.

Corporate Office

The central or main office of a company where key administrative and executive activities occur.

Long-term Investments

Investments made to be held for more than a single fiscal year, which might include bonds, stocks, or real estate.

Stock of Other Companies

Securities representing partial ownership in other companies that can be held as investments by individuals or entities.