Poka-Yoke Is Roughly Translated from Japanese as "Avoid Mistakes

question 12

True/False

Poka-yoke is roughly translated from Japanese as "avoid mistakes."

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Definitions:

Marginal Revenue Product

The extra income derived from the use of an additional unit of a resource or input in production.

Input

Resources such as labor, materials, and capital that are used in the production process to create goods and services.

Derived Demand

is the demand for a good or service that results from the demand for another good or service. For instance, the demand for steel is derived from the demand for cars.

Factors of Production

The resources of land, labor, capital, and entrepreneurial ability.