ENTREPRENEURIAL OPERATIONS
PRODUCTION PLANNING AND CONTROL
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What are the concepts that contribute to lean production system?
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Eliminate waste
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Remove variability
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Improve throughput
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All of the above
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Explanation:
Detailed explanation-1: -The five core principles of lean manufacturing are defined as value, the value stream, flow, pull and perfection. These are now used as the basis to implement lean.
Detailed explanation-2: -According to Womack and Jones, there are five key lean principles: value, value stream, flow, pull, and perfection.
Detailed explanation-3: -The Lean approach to business processes, originally derived from the enormously influential Toyota production system (TPS), is based on three fundamental principles: delivering value as defined by the customer, eliminating waste, and continuous improvement.
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