QUESTION 32 A characteristic of lean production is: similar machines are located next to one another. products are produced in large batches. jobs are often started with the goal of producing inventory as safety stock. operations are designed to reduce or eliminate waste. QUESTION 33 The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Sales $ 800,000 Operating income 280.000 Total assets $1,500,000 Current liabilities 300,000 Shareholders require a target rate of return of 7%. What is the division's Residual Income (RI)? $175,000 $235,000 $98,000 $224,000