Find what is the effect of lean production in organization

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Lean Production is a managerial accounting concept, which simply means creating more value for customers with fewer resources. That is, a lean organization understands customer value and focuses its key processes to continuously increase it. The ultimate goal is to provide perfect value to the customer through a perfect value creation process that has zero waste.

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Question 1: What is the effect of Lean Production in an organization using both absorption and variable costing in its costing system

Reference no: EM132597601

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