Which of the Following Is Not a Principle Regarding the Way

question 50

Multiple Choice

Which of the following is not a principle regarding the way lean systems function?
(I) Identifying customer values
(II) Focusing on processes that create value
(III) Elimination of waste to create flow
(IV) Increasing forecast accuracy
(V) Producing only according to customer demand
(VI) Optimizing on setup costs with long production runs
(VII) Striving for perfection

• A) IV
• B) II and IV
• C) both IV and VI
• D) IV and V
• E) VI

---

Definitions:

Stripped Common Shares

Common stock on which dividends and capital gains are repackaged and sold separately.

Dividends

Payments made by a corporation to its shareholders, usually derived from the company's profits, as a reward for investing in the company's equity.

Capital Gains

Capital Gains are the profits realized from the sale of assets such as stocks, bonds, or real estate, which exceed the purchase costs.

Stock Split

A corporate action that increases the number of shares outstanding by issuing more shares to current shareholders.