Lean production

Question 1

Lean production

Answer 1

a production methodology focused on eliminating waste,

Question 2

Kaizen

Answer 2

Seeks to constantly to introduce small incremental changes from workers to improve efficiency and quality

Question 3

Kaizen advantages

Answer 3

Lower labour turnover
Workers will empowered
Increase motivation
Improves teamwork

Question 4

Kaizen disadvantages

Answer 4

Difficult to change employees culture
Depends of open communication
Takes time to adjust
Workers expecting rewards by encouraging ideas

Question 5

Just in time (JIT)

Answer 5

Minimum amount of stock of raw materials and finished goods are held by the business to reduce waste in a business

Question 6

Just in case (JIC)

Answer 6

The business hold buffers stock of raw materials/finished goods just in case there is a problem or a sudden increase in demand

Question 7

JIT advantages

Answer 7

Minimum amount of stocks
- less costs
- less wastage
- less storage costs

Question 8

JIT disadvantages

Answer 8

Not be able to meet increased demand
Relays on a strong relationship of the suppliers
More frequent deliveries, transport costs

Question 9

JIC advantages

Answer 9

Never run out of stock
Doesn’t need strong relationships
Can meet unexpected demand

Question 10

JIC disadvantages

Answer 10

More wastage
Extra storage cost
Money is tied up in stock

Question 11

Buffer inventory level

Answer 11

When you keep more inventory than you need to help meet increased demand