A System of Improvement Based on a Series of Gradual

question 95

Multiple Choice

A system of improvement based on a series of gradual and often small improvements is called:

• A) throughput.
• B) kaizen.
• C) manufacturing cycle efficiency.
• D) centralisation.

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Definitions:

Drawer

A sliding storage compartment that is part of a piece of furniture such as a cabinet or desk.

Company Asset

Resources owned by a company that have value and can be used to meet its financial obligations, including both physical assets (like buildings) and intangible assets (like patents).

Money Owed

Financial liabilities or debts that a person or organization is required to pay to another party.

Single-Entry System

An accounting method where each transaction is recorded only once, either as an income or an expense, making it less complex than double-entry accounting.