Lean Concepts Include Large Lots to Take Advantage of the Economies

question 39

True/False

Lean concepts include large lots to take advantage of the economies of scale.

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Definitions:

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, indicating levels of inequality.

X-axis

The horizontal line on a graph that represents the independent variable.

Vertical

An orientation or direction that goes straight up and down, perpendicular to the horizon.

Gini Coefficient

A gauge for comparing income distribution within a group, starting at 0 for utter equity and peaking at 1 for maximal inequity.