Regarding the Eight Types of Waste That Must Be Eliminated

question 96

Multiple Choice

Regarding the Eight Types of Waste that must be eliminated to implement lean systems,which of the following statements is TRUE?

• A)Jobs with excessive motion should be redesigned.
• B)Work-in-process inventory is the direct result of underutilization of employees.
• C)Manufacturing an item before it is needed helps an organization detect and reduce defects.
• D)Product damage and deterioration result from using expensive high precision equipment.

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Definitions:

Monopolistically Competitive

A market structure characterized by many firms selling products that are similar but slightly differentiated, leading to non-price competition.

Automobile Industry

A global sector that involves the manufacturing, marketing, and selling of motor vehicles.

Advertising

The action of calling public attention to products, services, needs, etc., especially by paid announcements in print, broadcast, or online media.

Monopolistic Competition

A market structure where many companies sell products that are similar but not identical, allowing for some degree of market power.