5.3 Lean Production & Quantity Management (HL) Flashcards

1
Q

What is lean production?

A

Lean production is an approach to operations management that aims to cuts all waste in the production process

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2
Q

What is the aim of lean production?

A

The aim of lean production is to cut down all waste and be as efficient as possible

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3
Q

What does waste include?

A

STTEPS
-Space
-Time
-Transport
-Energy
-Products
-Stock

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4
Q

What are the 2 methods of lean production?

A

-Continuous improvements (kaizen)
-Just in time (JIT)

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5
Q

What is continuous improvement?

A

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

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6
Q

Continuous improvement
1 DIS

A

-Difficult to maintain over a long period of time

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7
Q

What is JIT?

A

Just in time is a way of managing stock where you avoid holding stock by getting supplies only when necessary

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8
Q

What is JIC?

A

Just in case is a way of managing stock wehrte you hold reserves on case of a sudden increase in demand

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9
Q

What is cradle-to-cradle design and manufacturing?

A

Cradle-to-cradle design and manufacturing refers to designing and manufacturing sustainably, especially recycling

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10
Q

What are 3 things that quality brings to a busienss?

A

-It increases sales
-Brand loyalty
-Premium pricing

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11
Q

What is the difference between Quality Control and Quality Assurance?

A

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12
Q

What are the 3 methods of managing quality?

A

-Quality circles
-Benchmarking
-Total quality management

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13
Q

What are quality circles?

A

Quality circles are a group of employees that regularly meet and discuss and suggest ways in which they could improve quality

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14
Q

What is benchmarking?

A

Benchmarking refers to comparing yourself to your competitors in order to identify how you can improve your operations

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15
Q

What is total quality management?

A

TQM is a way to enhance quality that includes the whole business

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16
Q

What are 4 ADV of implementing lean production and TQM?

A

-Enhances brand reputation
-Increases sales
-Motivates employees
-Improves design and production of quality products

17
Q

What are 3 DIS of implementing lean production and TQM?

A

-Costly
-Stressful
-Difficult to maintain over a long period of time

18
Q

What are 2 ADV of meeting recognised quality standards?

A

-Competitive advantage
-Enhances image and reputation of business
-Leads to higher profit margins