Raw materials, work in process, and finished goods, which are all forms of investment, are the three types of:
A) waiting.
B) overprocessing.
C) motion.
D) inventory.
E) overproduction.

Question

Quizplus · Accepted Answer

Raw materials, work in process, and finished goods are all considered inventory. Waiting, overprocessing, motion, and overproduction are all types of waste in lean manufacturing.

Raw Materials, Work in Process, and Finished Goods, Which Are