A Successful Conversion to a Lean System Requires That the Conversion

question 62

Multiple Choice

A successful conversion to a lean system requires that the conversion:

• A)be done as quickly as possible
• B)begin at the start of the process and work forward
• C)convert vendors to lean as one of the last steps
• D)reduce setup times as one of the last steps
• E)all of the above

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Definitions:

Accounting

The systematic process of recording, analyzing, summarizing, and interpreting financial transactions and information.

Equitable Remedy

A judicial order enforcing a party to act or refrain from acting in a certain way, based on principles of fairness.

Specific Performance

A legal action taken to compel a party to carry out the terms of a contract rather than awarding damages for breach of contract.

Injunction

A legal order issued by a court that directs an individual or organization to do or refrain from doing a specific act, used to prevent harm or secure relief.