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Lean manufacturing processes like Six sigma or Kaizen are popular because they reduce waste, thereby increasing profits. But what are some of the issues accountants
Lean manufacturing processes like Six sigma or Kaizen are popular because they reduce waste, thereby increasing profits. But what are some of the issues accountants face when switching to a lean manufacturing system? Identify some of the ways lean manufacturing reduces scrap, waste, and spoilage and how the accounting in these companies reflects the increased vigilance in preventing scrap, waste, and spoilage. Are there any downsides to enacting lean manufacturing from an accounting standpoint? If so. what are they
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