Which of the following is characteristic of the lean philosophy?
A)Inventories are an asset.
B)Lot sizes are optimized by formula.
C)Vendors are co-workers, essentially other departments of our organization.
D)Queues are a necessary investment.
E)all of the above

Question

Quizplus · Accepted Answer

The lean philosophy emphasizes a collaborative approach with vendors and suppliers, viewing them as co-workers who play an important role in the value stream. The other options are not characteristic of lean thinking – inventories are seen as waste in lean, lot sizes are optimized based on customer demand, and queues are a sign of inefficiency that should be reduced or eliminated.

Which of the Following Is Characteristic of the Lean Philosophy