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What is the ultimate goal in a lean system?

1) Reducing waste and increasing efficiency
2) Maximizing profits
3) Increasing production capacity
4) Improving customer satisfaction

1 Answer

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Final answer:

The ultimate goal in a lean system is to minimize waste and maximize efficiency, ensuring the best use of resources to meet customer demand.

Step-by-step explanation:

The ultimate goal in a lean system is reducing waste and increasing efficiency. Lean philosophy centers on maximizing customer value while minimizing waste, thereby achieving the most efficient use of resources to produce what is most wanted by customers. An efficient economic system is one where resources are allocated in a way to produce the goods and services that are in highest demand with the least amount of waste. This entails establishing the least costly production technology and considering the optimal scale of production to capitalize on economies of scale - the concept that as production quantity increases, the cost per unit decreases. Thus, lean systems not only look to reduce physical waste but also to refine production processes to ensure the most effective use of resources.

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