ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The word Kanban means:
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Station
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Card
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Factory
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Unit
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Explanation:
Detailed explanation-1: -Kanban is a Japanese word that means “visual signal” or “signal board.” Kanban cards were invented in the late 1940s by Taiichi Ohno, an industrial engineer at Toyota who was looking for ways to improve Toyota’s manufacturing process.
Detailed explanation-2: -In Operations Management, Kanban is used to define a reorder system that is undertaken through visuals. These visuals are easy to use and utilized to improve company operations while reducing inventory. Kanban can also assist in eliminating inventory shortages.
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