Which One of the Following Is Not One of the Building

question 68

Multiple Choice

Which one of the following is not one of the building blocks that is the foundation of the lean philosophy?

• A) product design
• B) process design
• C) personnel/organizational elements
• D) manufacturing planning and control
• E) Kanban

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Definitions:

Exponential Smoothing

A forecasting technique that applies decreasing weights to past observations as they recede in time.

Exponential Smoothing Model

A time series forecasting technique that applies weighting factors which decrease exponentially to past observations.

Mean Absolute Percentage Error

A measure used in statistics to assess the accuracy of a forecast or prediction, calculated as the average of absolute percentages of errors between predicted and observed values.

Smoothing Constant

A smoothing constant is a parameter in exponential smoothing used to control the level of smoothing applied to a time series.