Goals of a lean business model include all of the following except:
A. Fewer product defects.
B. Eliminate waste.
C. Consistent production levels.
D. Better inventory control.
E. Continuous improvement.
Answer: C
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The humanist approach views truth as ______; whereas the social scientific approach treats truth as ______.
A. altruistic; deterministic B. common sense; scholarly C. ethnographic; experimental D. subjective; objective
The elapsed time between an order's receipt, delivery, and payment is called the ________ cycle
A) variable-costs-to-payment B) product-to-payment C) inventory-to-sale D) order-to-inventory E) order-to-payment
The cost of providing service is generally easier to quantify than the cost of waiting time
Indicate whether the statement is true or false
Chinese culture tends to value punctuality, so it is important that those who do business with them arrive on time.
Answer the following statement true (T) or false (F)