Which of the Following Is NOT One of the Seven

question 111

Multiple Choice

Which of the following is NOT one of the Seven Wastes?

• A) overproduction
• B) transportation
• C) assignment
• D) defective product
• E) motion

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Definitions:

Additional Set-up Costs

Expenses incurred to prepare equipment or processes for manufacturing a new product or for a new production run, often not included in the standard operating costs.

Management Accountant

A professional who specializes in providing financial reporting and analysis to assist in managerial decision-making.

Decision Criterion

The standards or benchmarks used to guide choices in the decision-making process.

Alternative Courses

Different paths or options that can be taken to achieve a goal or resolve a problem.