Question: 1. Please discuss 3 benefits and 3 risks for Lean Management(Operations)? When an operations manager claims he is reducing waste what is he referring to?

1. Please discuss 3 benefits and 3 risks for Lean Management(Operations)? When an operations manager claims he is "reducing waste" what is he referring to? 2. Explain the two types of inventory counting systems? 3. What are the steps of Calculating Takt time ? Determine the Takt time if : Total time available per shift is 420 minutes per day, and there are two shifts per day, There are two 30 minute rest breaks and a 30-minute lunch break per shift, Daily demand is 75 units per day. 4. Describe the different types of Non Random Patterns found while conducting Quality control by an Operations Manager

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