Which of the Following Is a Risk That Would More

question 29

Multiple Choice

Which of the following is a risk that would more likely be seen in a lean production and just-in-time manufacturing environment than in a traditional production environment?

• A) Reduced customer satisfaction due to higher product defects
• B) Reduced raw material supply bringing the production process to a halt
• C) Increased inventory storage costs
• D) Increased production time resulting in lost sales

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Definitions:

Memory

The faculty of the mind by which information is encoded, stored, and retrieved when needed, allowing past experiences to influence future behavior and decision-making.

Information-Processing Model

A framework that compares human cognition to the way computers process information, emphasizing stages of input, processing, and output.

Conceptualization

The process of defining clear, detailed concepts and terms for use in a study, ensuring mutual understanding and specificity in discussion or research.

Information-Processing Theory

A framework for studying memory that uses the computer as a model of human cognitive processes.