In the Textbook, Toyota's Fujio Cho Identified Which of the Following

question 49

Multiple Choice

In the textbook, Toyota's Fujio Cho identified which of the following types of waste to be eliminated?

• A)Excess quality
• B)Overproduction
• C)Underproduction
• D)Environmental
• E)Over-thinking

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Definitions:

Probability

A mathematical measure indicating the likelihood or chance of a specific event occurring, ranging from 0 (impossible) to 1 (certain).

Quarter

A period of three months used in financial and business sectors for reporting, forecasting, and dividing the fiscal year.

Tails

The extreme ends of a distribution, representing outcomes that are far from the central peak of the distribution.

Flipping

Flipping typically refers to buying assets, such as real estate or stocks, and quickly selling them for a profit.