Question: With regard to suppliers, lean systems typically require: The lowest possible price Buyer inspection of all inputs O Long-term relationships Delivery of large lots at

With regard to suppliers, lean systems typically

With regard to suppliers, lean systems typically require: The lowest possible price Buyer inspection of all inputs O Long-term relationships Delivery of large lots at regular intervals A successful conversion to a lean system requires that the conversion: O Be done as quickly as possible Convert vendors to lean as one of the last steps Begin at the start of the process and work forward Reduce setup times as one of the last steps The use of small lot sizes in lean operations is in conflict with the EOQ approach since setup costs tend to be significantly higher than holding costs. O True O False

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