Match the Following: -Lean Production

question 99

Multiple Choice

Match the following:
-Lean production

• A)Human factors of engineering, ergonomics, and experimental psychology used in an approach to job design.
• B)Technology and engineering as central to job design.
• C)Human considerations as central to job design.
• D)Tension associated with new and advancing technologies.
• E)Achieving zero waste and 100 percent good product, delivered on time, every time.

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Definitions:

Capital Lease

A lease agreement in which the lessee essentially acquires all the risks and rewards of ownership, akin to a financial purchase.

Operating Lease

A leasing agreement for the use of an asset, where the lessee does not assume the risk of ownership.

Benefits and Risks

An assessment of the positive outcomes (benefits) and potential negative outcomes (risks) associated with a decision or action.

Straight-Line Amortization

A method of allocating the cost of an intangible asset over its useful life in equal installment.