In a lean system, large inventories are not considered a type of waste, because they prevent operator wait times

Indicate whether the statement is true or false

FALSE

Business

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The federal Lead-Based Paint Disclosure (LBP) is required on all ______________________ residential construction.

a. pre-1978 b. post-1978 c. pre-1995 d. post-1995

Business

Firms that pursue which of the following strategies focus on increasing profitability and profit growth by reaping the cost reductions that come from economies of scale, learning effects, and location economies?

A. International B. Transnational C. Localization D. Global standardization E. Nationalization

Business