The Goal of Lean Manufacturing Is To

question 74

Multiple Choice

The goal of lean manufacturing is to:

• A) Keep inventories of finished goods as high as possible.
• B) Produce goods and services with less of everything that goes into the process.
• C) Produce a very limited variety of goods.
• D) Become more self-sufficient by producing major components rather than buying them.

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Definitions:

Debt Investments-HTM

Investments in debt securities that are held to maturity, meaning the investor plans to hold the securities until they are paid off at their maturity date.

Stock Investments

Securities representing equity or ownership interest in a corporation, allowing investors to gain dividends and potentially capital gains.

Fair Value

An estimate of the market value of an asset or liability, based on the price that two willing parties would agree to in an arm's length transaction.

Unrealized Gain

The increase in value of an asset that has not been sold yet, thus not realized as actual profit.