Which of the Following Is a Lean Production Technique That

question 40

Multiple Choice

Which of the following is a lean production technique that has been successfully applied in service firms?

• A) Decision trees
• B) Leveling the facility load
• C) Kanban Card Systems
• D) Fully utilizing capacity
• E) Backflushing

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Definitions:

Book Value Per Common Share

This is the equity available to common shareholders divided by the number of outstanding common shares, representing the per-share value of a company.

Current Ratio

A financial metric that evaluates an organization's capacity to meet its short-term debts, which are payable within a year, by comparing its current assets to its current liabilities.

Accounts Receivable Turnover

A financial ratio that measures how often a company collects its average accounts receivable balance during a period.

Days' Sales Uncollected

A measure of the average number of days it takes a company to collect payment after a sale has been made.