Which of the Following Is TRUE About a Lean Production

question 114

Multiple Choice

Which of the following is TRUE about a lean production system?

• A) Customer orders drive the production process.
• B) Inventory levels are maintained at high levels.
• C) Raw materials are purchased in large quantities.
• D) Finished goods are produced ahead of customers' orders to protect against running out of finished goods inventory.

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Definitions:

Isolated Cases

Instances or occurrences that are distinct from and not representative of the general situation or condition.

Fast And Frugal Heuristics

Decision-making strategies that use minimal information to make quick and efficient decisions.

Gigerenzer

A psychologist known for his work on heuristics and decision making under uncertainty.

Cognitive Power

Refers to the capacity of the brain to perform higher mental processes of reasoning, remembering, understanding, and problem-solving.