Q4) Match the concepts with their explanations. Explanations 1. It is an inventory strategy which emphasizes decreasing the setup times to the minimum by simplifying or eliminating them. 2. This approach aims to reduce the variation in processes. In this way, businesses can get consistent and desired outcomes from processes. 3. It emphasizes continuously improving productivity by involving all workers and by making the work environment more efficient. 4. It improves the quality, reliability and safety of products and processes in a proactive manner. Also, it helps to increase customer satisfaction by proactively addressing failures that keep us from meeting critical customer requirements in processes or products. 5. In Japanese industry, wastes to be eliminated. 6. It is a manufacturing management theory in which production engineers work together to eliminate waste, cut costs, and increase efficiency. Concepts a. Six Sigma b. FMEA c. Muda d. Lean Manufacturing e. Just-in-time Production f. Kaizen