Which lean approaches work in both lean manufacturing and lean service operations?
Question:
Which lean approaches work in both lean manufacturing and lean service operations?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
Almost all of the Lean operations work effectively in both environments except Ju...View the full answer
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Operations Management Managing Global Supply Chains
ISBN: 978-1506302935
1st edition
Authors: Ray R. Venkataraman, Jeffrey K. Pinto
Question Posted:
Students also viewed these Business questions
-
Some companies are using both lean manufacturing and Six Sigma methods simultaneously to improve their operations. How do you think the two approaches might complement or conflict with each other?...
-
Lean manufacturing is what a lot of manufacturing firms are after these days. This means a renewed focus on productivity and profitability, particularly for firms that compete on a cost leadership...
-
In many popular publications, the terms lean accounting and lean manufacturing are used periodically. a. Research lean manufacturing and find out what concepts are conveyed by the term. How does lean...
-
The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers and asked how each rated the quality of management and the reputation of the company for over 250 worldwide corporations....
-
What are the potential tax consequences to a shareholder who participates in a stock redemption?
-
Why it is important for managers and leaders to understand organizational behavior? What are the advantages of understanding one's management style for managers, leaders, and the organization?
-
Your company has just announced a 7 percent price increase on your entire product line and you are meeting with your most important customer. She announces that your competitor has already been to...
-
At the beginning of the current year, Meyers, Lincoln, and Kopinski formed a partnership to carry on their consulting practice. At that time, net assets of $59,000, $30,000, and $25,000 were...
-
How does the integration of transformational leadership principles enhance organizational efficacy in a dynamic, globalized marketplace ? Explain
-
A Gallup poll indicated that 20% of Americans had confidence in U.S. banks. Interestingly, 58% also said that they had confidence in their main or primary bank. (data extracted from D. Jacobs,...
-
Refer to Table 8.2 as a basis for this problem. This months master production schedule calls for the production of 180 sandals, 120 dress shoes, and 80 sneakers per eight hour shift. 1. What is the...
-
A bank in New Delhi, India, uses a Kanban system in its check processing facility. Each Kanban container holds 60 checks, requires 25 minutes to be processed, and spends 2.5 hours waiting to be...
-
Zephyr Corporation began operations on January 1, 2017. Recently the corporation has had several unusual accounting problems related to the presentation of its income statement for financial...
-
A project requires an initial investment in equipment of $90,000 and also requires an initial investment in net working capital of $10,000 (at t = 0), net working capital is recovered at the end of...
-
What is the price (in $) of a 9-year bond with a 7% annual coupon with a yield to maturity of 9%?
-
A friend loans you $5000 and you agree to pay it back over time. You agree to pay $250 every month until the loan is paid off. Your friend is nice and does not care about interest. A) Determine a...
-
What is the ethical issue? What are the possible consequences? What should I do? What can a company do to protect against this kind of business risk? Where does the expense for uncollectible accounts...
-
How many gallons of primer paint will you need to estimate using for the walls & ceiling of a 16' x 20' room & 8' wall height? (1 gallon covers 300 sq. ft.). The ceiling will be spray textured. How...
-
See the assignment of probabilities to the Venn diagram in Figure 1.4. Find the following: (a) P(No events occur). (b) P(Exactly one event occurs). (c) P(Exactly two events occur). (d) P(Exactly...
-
When an electric field is applied to a shallow bath of vegetable oil, why do tiny bits of thread floating in the oil align with the field like compasses in a magnetic field?
-
Are there any fair trade producers in the U.S. today?
-
How has the Internet impacted strategic planning?
-
What is the minimum requirement for satisfying customers?
-
Determine your monthly payment if you buy a $300,000 house at 6% with 15% down and pay it off over 30 years.
-
Revenue Recognition at a Point in Time versus Revenue Recognition Over Time. The market company won a contract to build a shopping center at a price of $300 million. The following schedule details...
-
Calculate the flat monthly instalment for the car loan amount of $450,000 over two years at 5% compounded semiannualy. You can use either geometric progression or an optimizer (Goal seek or Solver)...
Study smarter with the SolutionInn App