Final Exam - Chapter 17 Flashcards
Major Objective
- Eliminate Waste
- Continuous Improvement
- Reduce Production Price
Lean Principle?
Most important lean principle is #2- Increase speed and response.
What is the major benefit of just in time system?
Just in time system has very low inventory levels and exposes the problem you have in the organization that forces you to deal with the problem
Visual Control?
Indicators for operating activities that are placed in plain sight of all employees ex. Phone green light indicates its fully charged
Single Piece Flow?
Concept of ideally using batch sizes as one. It allows companies to better match production to customer demand, avoid large inventory buildups
Total Productive Maintenance
Focused on ensuring operating systems will perform their intended function reliably, efficient, reduces equipment failures and downtime. Ex. employee ownership of equipment
Manufactured Good Recovery
To reduce costs, manufactures recover cycling parts. Can occur various points of the supply chain
Six Sigma
High quality Level
Lean Six Sigma
Draws upon the best practices of both lean manufacturing and six sigma. Essentially you have to improve process to eliminate waste
what’s the basic principle of just in time [‘test question ]
eliminating waste
A water level analogy of waste explanation
when you lower your inventory you’re forced to solve your problem
