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1. Which of the following best describes the concept of
lean manufacturing?
A. Producing goods in large batches to reduce costs
B. Minimizing waste and maximizing efficiency in
production processes
C. Outsourcing production to reduce labor costs
D. Implementing flexible production schedules to meet
changing demand
Answer: B. Minimizing waste and maximizing efficiency
in production processes
Rationale: Lean manufacturing focuses on reducing waste
and improving efficiency in production processes to
increase overall productivity and reduce costs.
2. What is the primary goal of supply chain management?
A. Maximizing profits for the organization
B. Minimizing inventory levels to reduce costs
C. Improving collaboration and coordination among
suppliers, manufacturers, and customers
D. Increasing production capacity to meet demand
Answer: C. Improving collaboration and coordination
among suppliers, manufacturers, and customers
Rationale: The primary goal of supply chain management
is to optimize the flow of goods and information
throughout the supply chain by improving collaboration
and coordination among all parties involved.
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