In the Lean Perspective on Inventory,often When a Process Is

question 35

Multiple Choice

In the lean perspective on inventory,often when a process is running smoothly:

• A) it is likely that workers are underutilized.
• B) it is likely that there is too little inventory in the system.
• C) it is likely that there is too much inventory in the system.
• D) it is likely that workers are overutilized.

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Definitions:

External Factors

Influences from outside an organization or system that can impact its performance, including economic, social, political, and environmental forces.

Differences Arise

Refers to the emergence of disagreements or conflicts in various contexts, including cultural, political, or economic interactions.

Economic Factor

Refers to the various elements that influence the economy of a country, including inflation, unemployment rates, fiscal policies, and international trade.

Industry Conditions

Refers to the current state and dynamics within a specific industry, including competition, regulatory environment, and market trends.