Lean Systems Thinking in Operations Management Can Extend to Sustainability

question 29

Multiple Choice

Lean systems thinking in operations management can extend to sustainability in what way?

• A)Its focus on improving product quality.
• B)Its focus on delivering products to customers faster.
• C)Its focus on reducing waste of all types.
• D)Its focus on product innovation.

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Definitions:

Subsequent Events

Events that occur after the balance sheet date but before financial statements are issued or available to be issued.

Negative Cash Flows

A financial situation where a company's outgoing cash exceeds the incoming cash during a specific period, potentially indicating financial trouble.

Start-Up Company

A company that is in the first stage of its operations, often characterized by high initial costs and limited revenue.

Plant Manager

An individual responsible for overseeing the daily operations of a manufacturing facility, ensuring efficiency, productivity, and safety.