The Word "Kanban" Means

question 115

Multiple Choice

The word "kanban" means

• A) low inventory
• B) employee empowerment
• C) card
• D) continuous improvement
• E) lot size of one

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Definitions:

Appraisal Cost

The cost associated with evaluating or inspecting products or materials to ensure they meet the necessary quality standards.

Prevention Cost

Costs incurred to prevent defects in products or services, part of Quality Costs.

Internal Failure Costs

Costs incurred when a product or service does not meet quality standards before being delivered to the customer, including scrap and rework expenses.

Product Cost Method

An accounting method that determines the cost to produce a product by summing the costs of raw materials, direct labor, and allocated overhead.