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.
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.