One of the Main Objectives of a Lean System Is

question 10

Multiple Choice

One of the main objectives of a lean system is:

• A)Striving for 'good enough'
• B)Reduction of takt time
• C)Reduction of waste
• D)Define value from the manufacturer's perspective

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Definitions:

Cash Inflows

Money received by a business from its operations, investments, or financing activities.

Discount Factor

A multiplier used to calculate the present value of future cash flows; reflects the time value of money.

Invested Today

Refers to the allocation of resources, such as capital or time, in the present with the expectation of future returns.

Guaranteed Rate

An interest rate or return that is promised by a lender or issuer to an investor for a fixed period.