Lean systems maintain inventory in small lot sizes because small lot sizes:
A) increase pipeline inventory, allowing the organization to buffer against demand uncertainties.
B) increase the quality level of the product.
C) enable schedules to use machine capacities more efficiently.
D) increase manufacturing lead time because of the increase in waiting time.
C
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With a waiver of premium rider attached to a whole life policy issued by a mutual insurer, all of the following are true, except:
A. Dividends will continue to be paid, if earned. B. Cash values will continue to grow. C. All features of the policy will remain in force. D. The insurer will waive the premium payment while the policyowner will continue to pay the cost of the WP rider.
The heads of independent agencies may serve at the pleasure of the president and may be fired at the president's will
a. True b. False