INTBUS 6 Lecture Notes - Lecture 18: Features New To Windows 8, Six Sigma, Overproduction

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Document Summary

Chapter 13 - jit/lean production + case study + ex. Just-in-time (jit): philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity. In a broad sense it applies to many service industries as well. Lean: philosophy of production that emphasizes the minimization of the amount of all the resources (including time) used in various activities of an enterprise. It involves identifying and eliminating non-value-adding activities in design, production, supply chain management, and dealing with customers. Waste: in the jit/lean philosophy, any activity that does not add value to the good or service in the eyes of the consumer. Inflexible/unreliable processes may cause organizations to produce goods before they are required: waiting. Inefficient layouts or an inability to match demand with output levels may cause waiting: unnecessary transportation. Transportation goods always increases costs and the risk of damage, but it does not necessarily provide value to the final customer: inappropriate process.

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