Supplier Management in a Lean System

question 20

Multiple Choice

Supplier management in a lean system

• A) may require co-location of supplier goods close to plants that receive delivery.
• B) means an increase in the number of suppliers for each component.
• C) generally involves short-term relationships with the buyer.
• D) usually requires additional paperwork, as compared with a non-lean system.

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Definitions:

Security System

A combination of hardware and software used to prevent unauthorized access to a building or computer network.

Display Case

A fixture used in stores for showcasing merchandise or collectibles, often featuring glass or clear plastic sides for visibility.

Advertising Expenses

Costs incurred to promote products or services through various media to attract customers.

Monthly Rent

A recurring expense for using property or equipment, paid on a monthly basis.