A Basic Requirement for Operating with the Low Inventories Present

question 80

Multiple Choice

A basic requirement for operating with the low inventories present in lean systems is

• A)Inventory space must be increased.
• B)Inventory investment must be increased.
• C)Major problems must be identified.
• D)Major problems must have been solved.
• E)Inventories must be reduced rapidly.

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Definitions:

Fundamental Attribution Error

The tendency to overemphasize personal characteristics and ignore situational factors in judging others' behavior.

Self-Serving Bias

A common tendency for individuals to attribute positive outcomes to their own actions and negative outcomes to external factors.

Consensus

A general agreement among a group of people, often achieved through discussion and compromise.

Distinctiveness

The quality or state of being notably different or unique in comparison to others, allowing for recognizable differentiation.