Question: Define benchmarking
Relevant QuestionsExplain how the “not-invented-here” syndrome can be a hindrance to benchmarking effectiveness. What are the reasons for characterizing and documenting an organization’s processes before benchmarking? Explain the pull system and how it is started. Explain the difference between the traditional production system and JIT/Lean in terms of placement of production control. Explain how mass production contributes to the seven wastes.
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