ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Japanese
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Chinese
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American
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Korean
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Detailed explanation-1: -Kanban (Japanese for sign) is an inventory control system used in just-in-time (JIT) manufacturing to track production and order new shipments of parts and materials. Kanban was developed by Taiichi Ohno, an industrial engineer at Toyota, and uses visual cues to prompt the action needed to keep a process flowing.
Detailed explanation-2: -Kanban is a means of supporting pull-based replenishment in manufacturing systems. A Kanban system is a self-regulating pull system that leads to shorter lead times and reduced inventory. Kanban systems are typically applied to items that have relatively constant demand and medium-to-high production volume.
Detailed explanation-3: -The term ‘Kanban’ was originally conceived by the Japanese car manufacturer Toyota. It literally means “visual sign” or “visual card”. Back in the 1940s, when Toyota used Kanban for the first time, the cards were in the form of paper notes pinned on a physical board (Kanban board).