Mixed-Modeling Sequencing Is Used at Toyota to Reduce Setup Times

question 48

True/False

Mixed-modeling sequencing is used at Toyota to reduce setup times.

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Definitions:

Marginal Cost

The expenditure incurred from creating one more unit of a product or service.

Total Variable Cost

The total of expenses that vary directly with the level of production or output.

Marginal Cost

The increment in expense for generating an additional unit of a product or service.

Swords

Edged weapons, longer than a knife or dagger, used historically in warfare or personal combat for cutting or thrusting.