Modern Business Environment Flashcards

0
Q

Just-in-time systems

A

Actual orders dictate what should be manufactured

Exact item is produced at the exact time it is required

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1
Q

Total Quality Management (TQM)

A

Focusing on quality in the management of all resources and relationships within the organisation.

Two basic principles:

  1. Get it right the first time
  2. Continuous improvement
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