In the United States from 1960 to Today, the Largest

question 143

Multiple Choice

In the United States from 1960 to today, the largest positive contribution to national saving was from:

• A)the public sector.
• B)the government budget deficit.
• C)business saving.
• D)household saving.

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Definitions:

5Ss

A Lean production checklist.

Lean Production

An organized approach to reducing waste in a production system while maintaining output levels.

Waste Reduction

The process of minimizing waste generation by using fewer resources and recycling or reusing materials whenever possible.

Inventory

Items or products that are held by a business for the purpose of sale or production, including raw materials, work in progress, and finished goods.