Question 1 10 pts Lean manufacturing can also be called Just In Time (JIT). True O False Question 2 10 pts Lean manufacturing focuses on low quality, high cost, fast response and immediate availability ho True False Question 3 10 pts Question 3 10 pts Lean manufacturing views inventory as wasteful and unnecessary. True O False Question 4 10 pts Lead time refers to the time between when an order enters production and when it is finished. True False Question 5 10 pts Lean manufacturing includes the following: O long set-up times O small batch sizes O large inventory Question 6 10 pts The following is a lean manufacturing practice: o pull manufacturing O push manufacturing Question 7 10 pts Traditional manufacturing is a push manufacturing system. O True False D Question 8 10 pts coordinates and controls the flow of materials, services, information, and finances with suppliers, manufacturers, and customers. Supply chain management Traditional manufacturing Push manufacturing Time value of money @ 51 Question 9 In accounting, RIP stands for: O Rest In Peace O Raw and In Process Inventory Return In Production Returns in Process Question 10 A(n) is one that is necessary to complete customer requirements. A(n) is not required by the customer b occurs because of mistakes, errors, omissions, and process failures. O required/unnecessary O value-added activityon-value-added actinity O non-value-added activity/value-added activity unnecessary required