Question: Q1: Explain the difference b/w the VSM and CTP. Explain the steps how they are used to implement Lean Production. Also explain the use of

Q1: Explain the difference b/w the VSM and CTP. Explain the steps how they are used to implement Lean Production. Also explain the use of Kanbans. Elaborate your answer with appropriate examples.

Q2: Draw the graphs for the Best case, Worst case performance and Practical Worst Case Performance using Penny Fab (TH Vs WIP and CT Vs WIP). Elaborate each and every step of Penny Fab example

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Explain the difference b/w the VSM and CTP. Explain the steps how they are used to implement Lean Production. Also explain the use of Kanbans. Elaborate your answer with appropriate examples.

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