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Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773

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BuyFindarrow_forward

Managerial Accounting: The Corners...

7th Edition
Maryanne M. Mowen + 2 others
ISBN: 9781337115773
Textbook Problem
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Lean manufacturing seeks to achieve all of the following except for

  1. a. zero defects.
  2. b. maximizing customer value.
  3. c. zero inventories.
  4. d. waiting.

To determine

Identify the option that lean manufacturing is not seeking to achieve.

Explanation

Lean Manufacturing:

Lean manufacturing is a concept in which organizations try to eliminate waste and deliver maximum value to the customers. This is done by reducing production of excess units, providing goods with adequate quality, and delivering on time at lowest possible rates.

d.

Lean manufacturing involves providing goods to customers at right time. This requires reduction of setup and configuration time as it is not valued by customers. Therefore, this is the correct option.

a...

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