4.3 making operational decisions Flashcards
1
Q
What is lean production?
A
The form of production that focuses on waste saving
2
Q
What are 2 methods of lean production?
A
Just in time and waste minimisation
3
Q
What is just in time management?
A
Where companies order the goods just in time to keep in time with production schedules
4
Q
Why is just in time management good?
A
It saves time It saves money It creates compact, flowing production Adds value Less risks to goods
5
Q
What are benefits of lean production?
A
productivity motivation shared decisions waste management quality
6
Q
what are drawbacks of lean production?
A
bad suppliers
expensive
can’t cope with mass orders
unforeseen circumstances
