Discuss how lean thinking can lead to a reduction of costs


Question: 1. Discuss how lean thinking can lead to a reduction of costs (material, labor, overhead), other than inventory. Be specific.

2. Are there repetitive manufacturing firms that should not use lean? Why?

3. Find an example from the Internet of the application of lean thinking to a service operation. Describe how the lean tenets are applied in this setting.

4. How can lean thinking be applied to accounting, finance, human resources, and marketing processes?

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Accounting Basics: Discuss how lean thinking can lead to a reduction of costs
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