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MG2007 Exams Pack Questions and Correct Answers | Latest Update | A+
MG2007 Exams Pack Questions and Correct Answers | Latest Update | A+
[Show more]MG2007 Exams Pack Questions and Correct Answers | Latest Update | A+
[Show more]Lean/JIT 
Ans: Less waste, lean manufacturing, removal of waste for production gains 
improving efficiency to beat competition 
key principles: value/value stream mapping/pull/reflection 
make to stock (push) make to order(pull) 
sources of waste: 7 0s 
0 defects 
0 lot sizes 
0 setups 
0 breakdowns...
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Add to cartLean/JIT 
Ans: Less waste, lean manufacturing, removal of waste for production gains 
improving efficiency to beat competition 
key principles: value/value stream mapping/pull/reflection 
make to stock (push) make to order(pull) 
sources of waste: 7 0s 
0 defects 
0 lot sizes 
0 setups 
0 breakdowns...
Ansoff Matrix 
Ans: a decision making tool used to analyse a firms potential for growth 
Abell's Framework 
Ans: 3 questions, what are the customers of the organisation ? How can the organisation 
meet the needs of its customers ? What techniques are employed by the organisation to meet 
these ne...
Preview 1 out of 3 pages
Add to cartAnsoff Matrix 
Ans: a decision making tool used to analyse a firms potential for growth 
Abell's Framework 
Ans: 3 questions, what are the customers of the organisation ? How can the organisation 
meet the needs of its customers ? What techniques are employed by the organisation to meet 
these ne...
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