Implied Warranties

question 31

Multiple Choice

Implied warranties:

• A)imposed by law are absolute.
• B)protect the buyer in ownership of the goods bought.
• C)warrant that the goods are free of any liens or claims of other parties.
• D)establish responsibility on the seller for the quality of the goods sold.

---

Definitions:

Throughput

The rate at which a system generates its products or services over a specific period.

Manufacturing Cycle Time

The total time required to manufacture a product, from the start of the production process to its completion.

Kanban

A scheduling system for lean manufacturing and just-in-time production, which uses visual cues to signal steps in the production process.

JIT Environment

A production strategy that aims to reduce times within the production system as well as response times from suppliers and to customers, characterized by just-in-time inventory management.