Although Transitioning to a Lean System Can Be a Powerful

question 42

Multiple Choice

Although transitioning to a lean system can be a powerful means of improving performance, it is generally thought that using __________ along with lean can lead to even better results.

• A) kaizen
• B) ERP
• C) six sigma
• D) JIT
• E) jidoka

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Definitions:

Financial Data

Numeric information related to financial aspects of a business, including income, expenses, assets, and liabilities.

Sales On Account

Transactions where goods or services are provided to a customer with an agreement to pay later.

Working Capital

The difference between a company's current assets and current liabilities, indicating short-term financial health.

Financial Data

Financial data encompasses quantitative information about a business's financial position, performance, and cash flows, typically found in financial statements.