Which of the following statements is TRUE with regard to the eight types of waste that must be eliminated to implement lean systems?
A) Jobs with excessive motion should be redesigned.
B) Work-in-process inventory is the direct result of underutilization of employees.
C) Manufacturing an item before it is needed helps an organization detect and reduce defects.
D) Product damage and deterioration result from using expensive high precision equipment.
A
You might also like to view...
Which of the following statements is true about a multiple-channel system?
A) It reduces the cost of distribution. B) It is a type of a direct channel where intermediaries are eliminated through the use of information technology. C) It simplifies coordination and management of the channel of distribution. D) Loss of control is a typical problem associated with a multiple-channel system.
When Shoes International went out of business after some serious and unethical accounting errors, its accounting company also closed its doors. 123Jump, a French company, was concerned that the unethical behaviors that occurred were an American problem, so it cancelled its business with another American accounting company and used a French one instead. Who was harmed by Shoes International's
unethical behavior? a. only Shoes International b. only Shoes International and the accounting firm it used c. Shoes International, the accounting industry and the United States d. only 123Jump
For a misrepresentation to be fraud in the inducement, it need not be material
Indicate whether the statement is true or false
X is a random variable with the probability function: f(X) = X/6 for X = 1, 2 or 3 The expected value of X is
a. 0.333 b. 0.500 c. 2.000 d. 2.333