Which of the Following Statements Is True Regarding the Lean

question 13

Multiple Choice

Which of the following statements is true regarding the lean production and just-in-time (JIT) manufacturing systems?

• A) Customers are often less satisfied with the purchased product.
• B) The number of product defects often increases.
• C) The number of suppliers the company can purchase raw materials from, often increases.
• D) The factory is often restructured where dissimilar machines are grouped together.

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Definitions:

Tax Evasion

The illegal practice of not paying taxes by individuals or businesses by not reporting income, reporting expenses not legally allowed, or by not paying taxes owed.

Money Laundering

The illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to be earned legally.

Federal Agencies

Specialized organizations within the federal government, each with specific responsibilities and authority in areas such as health, safety, and environmental protection.

Anticompetitive Mergers

Mergers between companies that significantly reduce market competition, potentially leading to higher prices and reduced innovation.