What Is Lean Control? It Is a Process for Measuring

question 40

Essay

What is lean control? It is a process for measuring and reducing inventory and streamlining production.It is a means for changing the way a company measures plant performance.It is a knowledge-based system.

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Definitions:

Directing

The management process of guiding and overseeing the work of employees to meet organizational objectives.

Human Resources

The department within an organization that focuses on the recruitment, management, and direction of people who work in it.

Quality Control

Procedures and standards implemented to ensure that products or services meet specific requirements and are of consistent quality.

Cost Element

A component that categorizes costs according to their nature, involved in the cost accounting process to allocate expenses accurately.