33:799:460 Chapter Notes - Chapter 2: Overproduction

• School: Rutgers University
• Department: Supply Chain Management
• Course: 33:799:460
• Professor: Ajay Das

Document Summary

Lean: improve performance by reducing waste, value-added any activity in a process that is essential to deliver the service/product to the customer. Must be performed to meet customer needs. Takt-time: (available time / customer demand rate for avail time) Rate finished goods must be completed to meet demand. Card, to signal next steps in mfg. process. Heijunka: leveling, production smoothing; leveling the type/quantity of production over fixed period of time. Five fundamentals of lean: specify customer value, identify the value stream, make value flow continuously, let customers pull value, pursue perfection. Andon: a visual control device, typically a group of lights indicating the status of the process.