Flexible Manufacturing,sometimes Called Lean Production,combines Advanced Technology with Innovative Management

question 14

True/False

Flexible manufacturing,sometimes called lean production,combines advanced technology with innovative management methods,using highly trained employees who take a painstaking approach to problem solving at every stage of the production process to cut waste and improve quality and productivity.

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Definitions:

Irregular

Something that is not following the usual rules, patterns, or expected behavior; often refers to inconsistent or erratic actions.

Real Defenses

Legitimate legal defenses that can be used against claims in a transaction, particularly in the context of negotiable instruments, such as fraud or illegality.

Negotiable Instrument

is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.

Negotiable Instruments Law

The body of law governing financial instruments that can be transferred from one party to another, such as checks or promissory notes.