A Key Aspect to a Lean Production System Is for a Worker

question 37

True/False

A key aspect to a lean production system is for a worker to specialize in one task and do it well.

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Definitions:

BAT Model

A framework for analyzing and understanding firms' strategic positions and potential competitive advantage.

Disbursements

The act of paying out or disbursing money, often related to the operational expenses of a business.

Interest Rate

The percent of principal charged by the lender for the use of its money or the return earned on an investment.

Net Float

The difference between checks written against a bank account and those that have been cleared, affecting the account's available balance.