Which of the Following Statements Is TRUE with Regard to the Eight

question 118

Multiple Choice

Which of the following statements is TRUE with regard to the eight types of waste that must be eliminated to implement lean systems?

• 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:

Marginal Costs

The increase in cost resulting from the production of an extra unit of a good or service.

Studying Economics

The academic pursuit focused on understanding how societies use limited resources to produce valuable commodities and distribute them among different people.

Marginal Analysis

An approach in economics that examines the effects of adding to or subtracting from the current situation.

Cell Phones

Portable electronic devices used for communication, internet browsing, and multimedia playback.