Question: Inventory level Inventory level Inventory level Process downtime Process downtime Scrap Setup time Scrap Setup time Quality problems Quality problems No scrap Quality problems Setup

Inventory level Inventory level Inventory level

Inventory level Inventory level Inventory level Process downtime Process downtime Scrap Setup time Scrap Setup time Quality problems Quality problems No scrap Quality problems Setup removed reduced Process No late downtime deliveries removed time Late deliveries Late deliveries Figure 1: SEA OF INVENTORY in lean operations/ TPS Figure 1 shows the Sea of Inventory. It is a metaphor that usually used by a JIT/TPS/lean company to illustrate the effects of inventory to their performance. Imagine the ship is the company, and the rocks are problems, hidden by the water. In less than 150 words, explain what you understand by this metaphor. Discuss at least 3 points the effects of minimum inventory to the company performances

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