Examlex
Which of the following is not something commonly found in lean systems?
(I) Waste reduction
(II) Output match to a detailed forecast
(III) Visual controls
(IV) Quick changeovers
(V) Long production runs
Recessions
Periods of economic decline when GDP falls for two consecutive quarters, leading to a decrease in consumer spending and investment.
Government Surplus
A situation where the government's income, mainly from taxes, exceeds its expenditures within a specific timeframe, indicating fiscal health.
Monetary Growth
This refers to the increase in the amount of money in an economy over time, which can influence inflation and economic activity.
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Output, or number of goods and services produced during the current year.
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