Lean production is focused on eliminating waste associated with all of the following except:

A) moving products farther than required.
B) down time caused by people waiting for work to do.
C) providing excessive customer service.
D) over-processing a product.


C

Business

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If a six sided die is tossed two times and "3" shows up both times, the probability of "3" on the third trial is

A. much larger than any other outcome. B. much smaller than any other outcome. C. the same as any other outcome. D. not able to be determined before the die is tossed.

Business

Johnson Technology specializes in graphic design and video production. In October 2014, the company incurred the following costs for providing services to one of its clients. Supplies $ 200 Labor 1,500 Overhead 1,800 Johnson Technology's contract with the client discloses a 20% profit margin on the cost incurred. Determine the profit earned by the company by providing services

A) $3,500 B) $700 C) $4,200 D) $360

Business

________ are all rewards that can be classified as monetary payments and in-kind payments.

A. Benefits B. Compensation components C. Wages D. Broadbands E. Base pay

Business

One contemporary form of interactive and mobile communication is the ________, which is a secured local network within an organization.?

Fill in the blank(s) with correct word

Business