5.3 Lean Production & Quantity Management (HL) Flashcards
What is lean production?
Lean production is an approach to operations management that aims to cuts all waste in the production process
What is the aim of lean production?
The aim of lean production is to cut down all waste and be as efficient as possible
What does waste include?
STTEPS
-Space
-Time
-Transport
-Energy
-Products
-Stock
What are the 2 methods of lean production?
-Continuous improvements (kaizen)
-Just in time (JIT)
What is continuous improvement?
Continuous improvement is a method of lean production that involves suggestions that can make work more efficient. It involves communication of all hierarchy levels & no blame is attached to a problem
Continuous improvement
1 DIS
-Difficult to maintain over a long period of time
What is JIT?
Just in time is a way of managing stock where you avoid holding stock by getting supplies only when necessary
What is JIC?
Just in case is a way of managing stock wehrte you hold reserves on case of a sudden increase in demand
What is cradle-to-cradle design and manufacturing?
Cradle-to-cradle design and manufacturing refers to designing and manufacturing sustainably, especially recycling
What are 3 things that quality brings to a busienss?
-It increases sales
-Brand loyalty
-Premium pricing
What is the difference between Quality Control and Quality Assurance?
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What are the 3 methods of managing quality?
-Quality circles
-Benchmarking
-Total quality management
What are quality circles?
Quality circles are a group of employees that regularly meet and discuss and suggest ways in which they could improve quality
What is benchmarking?
Benchmarking refers to comparing yourself to your competitors in order to identify how you can improve your operations
What is total quality management?
TQM is a way to enhance quality that includes the whole business