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Which one of the following statement is correct?
the level of production is the total number of goods produced per worker
productivity can be measured by output per worker in a given period
increasing production leads to increase in productivity
reducing productivity per worker will increase the number of workers
One of the benefits of increasing productivity is:
more workers will be employed
total production will increase with the same number of workers
average costs will remain the same
fewer raw materials will be needed to produce the same level of output
Which one of the following is the best definition of 'an increase in efficiency'?
higher output levels than last year
lower total costs of production
fewer workers employed but output level remains the same
10% more workers employed and output is also rises by 10%
In inventory ordering 'lead time' means:
the time taken to deliver goods from the firm to the consumer
the time between ordering inventories and their delivery
the time taken to produce goods after the raw materials arrive
the time taken for inventories to fall from maximum level to the reorder level
Which one of the following would be an example of 'lean production'?
producing a greater variety of goods with an increased workforce
holding very low stock levels such as with Just-in-Time methods
making smaller quantities of goods than previously
buying the latest equipment to increase output even though it is not used all of the time
Which one of the following is NOT considered to be a waste?
Which one of the following is NOT a benefit of lean production?
overcrowded work area
unit costs are reduced
less risks of damage to stocks and equipments
Effective lean production requires all of the following except:
good relations with suppliers
wastage of resources
trust between management and employees
a culture of quality assurance
Lean production is an approach to production developed by Toyota, Japan
Lean production is applicable only to manufacturing industries, not to service industries.
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