Lesson + Book notes
Includes:
-Operational Objectives
-Production types
-Efficiency
-Economies Of Scale
-Kaizen
-Quality Control, Assurance, TQM
-Inventory and Supply Chains
-Speed Of Response
-Inventory Control Chart
-FORMULAS
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Name Definition Advantages Disadvantages
couldbeexpensive
JIT Aimstoensurethatunitsinto littlewastenostockfast difficult setup
justintimetheproductionprocessarriveonly automatedprocess noneed a
of notflexiblelittleroomforerror
whentheyare needed
bigstoragespacehelpswithcashflow Isuppliesmightbedelayed
Leaproduction of productivity
levels labor
high reliesonefficienthighquality
less
stock suppliers
createsmarketingadvantages requiresmotivatedstaff
Wider
of timeneeded
range productsless I nobackup
Technology to
Improve RoboticsAutomation planning
train
CADCAM reduceswaste
Ingi
workforce
t.ingy.m
Operational
am improvesquality
Kaizer leanproductionsystemthat improvedteamwork difficulttoimplementinexisting
concentrates smallbut frequent improved efficiency systems
on
improvementsineveryaspect the
of improvedemployeesatisfaction changeisdifficult
productionprocess lesswaste trainingisrequired
L
performance
LOWER
MARKETING CUSTOMER
COSTS RECOMMENDATION
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