Lean production covers a range of manufacturing technologies designed to reduce setup times for complex equipment.

a. true
b. false

Answer: a. true

Business

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Which of the following is the oldest known form of countertrade?

A) counterpurchase B) switch trading C) offset D) barter

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A rule to determine what proportion of each loan payment is principal and interest is

A) the law of 72. B) the N-ratio method. C) the rule of 78. D) the principal-interest mix. E) the add-on method.

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