Multiple Choice
Lean thinking can be defined as
A) The effective planning, organizing, and controlling of the many value-creating activities of the firm
B) The integration of key business processes concerning the flow of materials from raw material suppliers to the final customer
C) A philosophy that seeks to improve quality continuously to please customers, reduce costs, and ultimately create competitive advantage for the firm
D) The planning, scheduling, and controlling of resources to meet the specific goals of a project
E) An operating philosophy encompassing the objectives of high quality, fast response, and low waste within the organization and between supply chain trading partners
Correct Answer:
Verified
Correct Answer:
Verified
Q9: Returns management is<br>A)Creating and maintaining customer relationship<br>B)Interacting
Q10: Just-in-time systems are<br>A)The set of activities associated
Q11: Supplier relationship management is<br>A)Balancing customer requirements with
Q12: Growth of the supply chain management perspective
Q13: Who are third-party logistics services?<br>A)Outside agents that
Q15: Corporate social responsibility is<br>A)The sharing and coordination
Q16: Order fulfillment is<br>A)Making goods to satisfy target
Q17: Total quality management is<br>A)The effective planning, organizing,
Q18: Which of the following activities falls under
Q19: Who are first-tier customers?<br>A)Outside agents that move