NINJA OM 1 Flashcards

1
Q

Kanban

A

A technique for managing a just-in-time inventory system. The kanban is a tag attached to the storage container where component parts are kept. As a component is used, a kanban is placed in a box. Managers determine the number of kanbans needed to be in the box of the component part before a reorder of that part is necessary.

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2
Q

A balanced scorecard considers several areas in comparing performance results of different business units

A

Including customer satisfaction, learning and growth (innovation), internal business process improvements, and financial measures related to operations of the unit.

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