Which of the Following Is Characteristic of a Lean Production

question 15

Multiple Choice

Which of the following is characteristic of a lean production layout?

• A)Decentralized maintenance and small production batches
• B)Decentralized maintenance and organization around processes
• C)Organization around processes and small production batches
• D)Large production batches and organization around processes.

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Definitions:

Count of Cash

The process of physically verifying the amount of cash on hand at a particular time.

Days' Sales Uncollected

A financial metric that estimates the average number of days a company takes to collect revenue after a sale has been made.

Liquidity of Receivables

The ease with which accounts receivable can be converted into cash, reflecting the company's efficiency in managing credit sales.

Accounts Receivable

Financial obligations that clients have towards a company for goods or services delivered but still awaiting payment.