Scrap or rework are examples of the lean waste recognized as:

A) defects.
B) inappropriate processing.
C) unnecessary motion.
D) waiting.

Answer: A

Business

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A researcher wants to find out the average age of population in two cities, A and B. He plans to conduct two separate surveys in these two cities. He now has to determine the sample sizes to use in these cities. He will need a larger sample size for City A as compared to that for City B because

a. there is lesser variation in age for population in City A. b. city B's population is significantly higher than that of City A. c. the level of confidence desired for City B's results is higher. d. the degree of precision desired for City A is higher. e. the degree of precision desired for City B is higher.

Business

Which of the following is NOT a primary use of scanner volume-tracking data?

A) forecasting trends B) price tracking C) modeling D) effectiveness of in-store modeling E) B and C

Business