VCE Business Management - Lean management

___________ a process involving the reduction of the amount of unwanted or unusable resources produced by a business in an attempt to improve the efficiency and effectiveness of operations.

Impacts of waste can impact on

• the environment

• productivity

• profit

• All of the above

Wastage can come in many forms, including

• transportation

• inventory

• defects

• wait times

• overproduction

____________ is an approach that improves the efficiency and effectiveness of operations by eliminating waste and improving quality

This principle of lean management largely relates to eliminating waiting time or idle time.

• Pull

• One-piece flow

• Zero defects

• None of the above

This principle of lean management relates to avoiding overproduction and stockpiling.

• Pull

• One-piece flow

• Zero defects

• None of the above

This principle of lean management focuses on continuous improvement to remove errors and striving for perfect products.

• Pull

• One-piece flow

• Zero defects

• None of the above