A Potential Obstacle to Conversion to a Lean System Is

question 14

Multiple Choice

A potential obstacle to conversion to a lean system is:

• A)lack of management commitment
• B)lack of worker cooperation
• C)supplier resistance
• D)all of the above
• E)insufficient space to store the increased inventories

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Definitions:

Production Workers

Individuals directly involved in the manufacturing or creation of a product, working on the production line or within the production area.

Labor Demand

The sum of employees that businesses are ready and capable of employing at a specific pay rate during a given timeframe.

Marginal Product

The additional output that results from using one more unit of a particular input, holding all other inputs constant.

Monopsony

A market condition where there is only one buyer for a good or service, giving that buyer significant power over prices.