Which of the Following Is Not a Benefit of Small

question 82

Multiple Choice

Which of the following is not a benefit of small lot sizes in lean systems?

• A)In-process inventory is considerably less.
• B)Each product is produced less frequently.
• C)Carrying costs are reduced.
• D)There is less clutter in the workplace.
• E)Inspection and rework costs are less.

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Definitions:

Positive Constants

Fixed values greater than zero used in mathematical equations or expressions.

Payoffs

The returns or outcomes received from a particular action or investment.

Dominant Strategy Equilibrium

A situation in game theory where each participant's best strategy remains constant regardless of what strategies others choose.

Optimal Choice

The best possible selection from a set of alternatives, given constraints and objectives.