What Is the Possible Impact of Lean Systems,if Taken to Its

question 20

Multiple Choice

What is the possible impact of lean systems,if taken to its extreme,on supply chain risk?

• A)No impact - they are not related
• B)Positive impact - lean reduces risk
• C)Negative impact - lean increases risk
• D)Yet to be determined - the data is not yet in

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Definitions:

Exponential Function

A mathematical function denoted as f(x) = a * b^x, where 'b' is a positive real number, and 'a' is a constant, used to model growth or decay processes.

Linear Function

A mathematical expression that represents a straight line, characterized by a constant rate of change.

Outsourcing Decision

The process of determining whether certain business operations or services should be performed in-house or contracted to external providers.

Spreadsheet

A digital worksheet that organizes data in columns and rows, allowing for data manipulation and analysis, commonly used in business and finance.