Companies That Operate in a Lean Production and Just-In-Time Manufacturing

question 40

Multiple Choice

Companies that operate in a lean production and just-in-time manufacturing environment are more likely to experience which of the following?

• A) Reduced manufacturing flexibility.
• B) Increased levels of raw materials inventory.
• C) Increased production time.
• D) Increased product quality.

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Definitions:

Tangible Rewards

Physical or material rewards given as recognition for an accomplishment or behavior.

Intangible Rewards

Non-material incentives or motivational rewards that are not physically measurable, such as recognition or job satisfaction.

Intrinsic Benefits

Advantages or rewards that come inherently with an activity or action, not dependent on external factors.

Extrinsic Benefits

Rewards or advantages that come from external sources, not inherently related to the activity itself, but serving as motivations or bonuses.