Contemporary Lean Thinking and Value Creation Quiz

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5 Questions

Which of the following is NOT a criticism of Lean thinking?

Lack of strategic-level thinking

What is the main focus of Lean thinking?

Internal waste reduction

What is the cost-value equilibrium in Lean thinking?

When the product provides exactly as much value as the customer is willing to pay

Which method is associated with Lean thinking and involves pull production?

Kanban

What is one of the criticisms of Lean thinking related to human aspects?

Exploitative and high pressure on shop-floor workers

Test your knowledge on contemporary lean thinking and its focus on value creation. Explore concepts such as cost reduction, customer requirements, and the cost-value equilibrium. Assess your understanding of how internal waste reduction contributes to value creation.

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