In a Lean Production System We Expect to See Which

question 23

Multiple Choice

In a lean production system we expect to see which of the following?

• A)No "just-in-case" extra inventory
• B)More "just-in-case" extra inventory
• C)More parts and fewer standardized product configurations
• D)Managers being held responsible for quality of the work turned out
• E)Closer management/labor relationships

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Definitions:

Stockholder

An individual or entity that owns shares in a corporation and therefore has a claim on part of its assets and earnings.

Share Price

The price of a single share of a company's stock in the stock market.

Consistent Dividends

Regular and predictable payments made by a company to its shareholders out of its profits.

Horizontal Analysis

A financial analysis technique that compares line items in financial statements over a period, to identify trends and changes.