We Observe a Man Working on a Setup

question 21

Multiple Choice

We observe a man working on a setup.During the process of setting up,the man positions the die at a first position.He then runs through a few pieces to check whether or not they are acceptable.He then repositions the die and repeats the process.What we have observed is which of the following forms of waste?

• A)Processing waste
• B)Waste from product defects
• C)Inventory waste
• D)Waste of motion

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Definitions:

GDP

Gross Domestic Product, the total value of all goods and services produced within a country in a given period.

Trade Deficit

A situation where a country's imports exceed its exports over a given period, leading to more money leaving the country than coming in.

Mixed Economy

An economic system combining elements of both capitalism and socialism, with some sectors privately owned and others controlled by the government.

Economy

The system by which goods and services are produced, distributed, and consumed within a particular country or region.