Why is the workforce considered such an important element of lean production?


Lean production is a philosophy that centers upon the ideals of eliminating waste and continuously improving. Employees are the keys to identifying and developing waste reduction programs and building a culture of continuous improvement in a flexible production environment. But here are some ways employees contribute to eliminating waste, creating a flexible production system, and improving the organization:
a . Cross trained employees add processing flexibility

b. Employees are capable of inspecting quality throughout the processing stages

c. Employees not only identify problems, but are empowered to fix problems

d. Skilled and well trained employees are more equipped to identify and fix high-level problems

e. An intelligent workforce is more capable of supporting a strong program of continuous improvement

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In general, service providers are more likely to visit corporate customers at their premises than to visit individuals in their homes

Indicate whether the statement is true or false

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Choose the correct word or words in parentheses. She (might have, might of) requested an exit-row seat

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Moon Software Inc. is planning to issue two types of 25-year, noncallable bonds to raise a total of $6 million, $3 million from each type of bond. First, 3,000 bonds with a 10% semiannual coupon will be sold at their $1,000 par value to raise $3,000,000. These are called "par" bonds. Second, Original Issue Discount (OID) bonds, also with a 25-year maturity and a $1,000 par value, will be sold, but these bonds will have a semiannual coupon of only 6.75%. The OID bonds must be offered at below par in order to provide investors with the same effective yield as the par bonds. How many OID bonds must the firm issue to raise $3,000,000? Disregard flotation costs, and round your final answer up to a whole number of bonds.

A. 3,370 B. 4,906 C. 3,285 D. 4,479 E. 4,266

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Who is responsible for pre?conversion/pre?association expenses and improvements in a condo conversion?

A) Unit owners B) Developers C) Both a and b D) None of the above

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