Which of the Following Is Specifically Characterized by Continuous and Forced

question 83

Multiple Choice

Which of the following is specifically characterized by continuous and forced problem solving through a focus on throughput and reduced inventory?

• A) Just-in-time (JIT)
• B) Toyota Production System (TPS)
• C) Lean operations
• D) Material requirements planning (MRP)
• E) kanban

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Definitions:

Comparative Advantage

An economic principle that states a country or individual can produce a good or service at a lower opportunity cost than others.

Consumption Point

A specific point on a consumer’s budget constraint that shows the combination of different goods or services they will consume to maximize utility.

Wheat

A cereal grain considered a staple food in many parts of the world, used to make products like bread, pasta, and cereal, among others.

Cattle

Domesticated large animals raised in agriculture for purposes like meat (beef), milk, or hide production.