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How Are Lean Operations and the Toyota Production System (TPS)

question 78

Essay

How are lean operations and the Toyota Production System (TPS) alike? How are they different?


Definitions:

Call Price

The price at which a bond or other financial security can be repurchased by the issuer before its maturity date, as specified in the callable feature.

Par-value

The nominal or face value of a bond, share of stock, or other financial instrument, representing the value at which it will be redeemed at maturity.

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