GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are the four main strategies to improve efficiency and effectiveness of operations?
A
Just in time, TQM, Waste minimisation
B
TQM, Materials Management, Waste minimisation (lean Management), Technology
C
Quality, Technology, Materials Management, Facilities layout
D
Technology, Materials Management, Quality, Lean Management
Explanation: 

Detailed explanation-1: -Kaizen (Continuous Improvement) Kaizen is a strategy where employees work together proactively to achieve regular, incremental improvements in the manufacturing process.

Detailed explanation-2: -Principle 1: Value. One of the first foregone conclusions whenever someone talks about Lean in a company is who defines value. Principle 2 : Value Chain or Value Stream. Principle 2 : Flow. Principle 3 : Pull. Principle 4 : Perfection. 08-Jun-2022

Detailed explanation-3: -Kaizen (Continuous Improvement) 5S (The 5S System) Six Big Losses. Overall Equipment Effectiveness (OEE) Machine Monitoring.

Detailed explanation-4: -Bottleneck Analysis. How many times have your projects gotten stuck somewhere between development and delivery? Just-in-Time (JIT) Value Stream Mapping. Overall Equipment Effectiveness (OEE) Plan-Do-Check-Act (PDCA) Error Proofing. 30-Jun-2021

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