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Which supply chain management concept emphasizes minimizing waste and maximizing efficiency?

18. Which supply chain management concept emphasizes minimizing waste and maximizing efficiency?

  1. Lean manufacturing
  2. Six Sigma
  3. Kaizen
  4. Total Quality Management (TQM)

Answer

The correct answer is: A) Lean manufacturing

Explanation

Lean manufacturing focuses on eliminating waste and optimizing processes to improve efficiency and reduce costs.

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