Lean Organizations Strive to Improve Value Stream by Reducing the Size

question 70

True/False

Lean organizations strive to improve value stream by reducing the size of production batches,and in the process,they increase flexibility and lower costs.

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Definitions:

M Rises

An increase in the money supply within an economy, which could potentially lead to various economic effects such as inflation or stimulation of economic growth.

Percentage Fall

A measure of decrease expressed as a proportion of the original quantity.

Crude Quantity Theory

A basic concept in economics that suggests the amount of money in circulation determines the level of economic activity, affecting prices and inflation.

M Rises

An increase in the money supply in an economy, which can affect inflation and interest rates.