Explain the concept of lean manufacturing

What will be an ideal response?

Lean manufacturing is a productive system whose focus is on optimizing processes through the philosophy of continual improvement. The first view of lean is a philosophical view of waste reduction. This view asserts that anything in the process that does not add value for the customer should be eliminated. Given this view, quality problems cause scrap and rework and are wasteful. The second view of lean is a systems view stating that lean is a group of techniques or systems focused on optimizing quality processes. An example of this view is the lean production system refined by the Toyota Motor Company and spread to the rest of the world.

Business

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We assign a very low probability of default to the U.S. Treasury and thus assume that all Treasury bills will be paid in full at maturity and thus have a zero default premium

Indicate whether the statement is true or false.

Business

When reviewing a table in the SQL Server GUI tools, which property should be set to "Yes" to indicate that the column is a surrogate key for which SQL Server should automatically supply values?

A) Identity B) Surrogate C) AutoIncrement D) AutoNumber

Business