Which of the following statements is/are true regarding lean production?
I. It is a philosophy that relates to the way in which a manufacturing company organizes and
operates its business.
II. It is a set of techniques to make manufacturing more productive.
III. It is concerned with adding value to the product.
A) I only is true.
B) I and III are true.
C) II and III are true.
D) I, II and III are true.
E) I and II are true.
D
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______ refers to the central identity or character of an organization.
A. Core ideology B. Core outcomes C. Core reasoning D. Core ethics
A grievance arbitration clause means:
a. disputes arising under a collective bargaining agreement must be resolved by an internal grievance procedure b. disputes arising under a collective bargaining agreement must go first to federal court for relief c. a grievance is an internal matter and is never to be arbitrated by an outside labor arbitrator d. disputes arising under a collective bargaining agreement must be settled by the National Labor RelationsBoard e. none of the other choices
Which of the following statements is FALSE?
A) In the event of default, the assets not pledged as collateral for outstanding bonds cannot be used to pay off the holders of subordinated debentures until all more senior debt has been paid off. B) Because more than one debenture might be outstanding, the bondholder's priority in claiming assets in the event of default, known as the bond's seniority, is important. C) When a firm conducts a subsequent debenture issue that has lower priority than its outstanding debt, the new debt is known as a subordinated debenture. D) Most debenture issues contain clauses restricting the company from issuing new debt with equal or lower priority than existing debt.
___ refers to tangible items that the contractor is to supply
a. Deliverables b. Customer-supplied items c. Statement of work d. Baseline plan