Which of the Following Are Results of Lean Manufacturing

question 105

Multiple Choice

Which of the following are results of Lean Manufacturing?

• A) elimination of waste
• B) decreased lead time
• C) costs decrease
• D) all of the above

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Definitions:

Scarce Resources

Resources that are limited in availability and cannot sufficiently meet all the wants and needs of a society.

Markets

Platforms or systems where buyers and sellers interact to trade goods, services, or financial instruments.

Government Involvement

The participation or intervention by government bodies in the economy or specific industries.

Economic Activity

encompasses all actions involved in the production, distribution, and consumption of goods and services within an economy.