Regarding the Eight Types of Waste that must be eliminated to implement lean systems, excessive movement and material handling of product between processes is part of which general waste category?

In giving a reward, which one of the following times, in general, would have the lowest motivational impact on an employee?

(a) before Christmas (b) closely following the demonstration of a desired behavior or result (c) prior to vacation (d) on the employee's birthday

Which of the following is NOT a common characteristic of issuing short-term debt?

A) Issuing short-term debt increases uncertainty compared to a long-term fixed-rate issue. B) Issuing short-term debt provides more frequent financing opportunities. C) Short-term interest rates are typically HIGHER than long-term rates. D) Short-term debt financing could be problematic in the event of an economy-wide liquidity crisis.