Business Game 5.3 & 5.4

_______is a lean production method that uses visual control systems to indicate the status of an aspect of the production process

_______is the process of identifying best practice in an industry, in relation to products, processes and operations. it sets standards for other firms to emulate

_______is the japanese term for 'continuous improvement' a lean production philosophy where workers and managers continually try to find ways to improve the work processes and efficiency

_______is a sustainable model of production based on natural processes. The underlying principle of it is that there is no waste in nature, making production sustainable for future generations

_______is an inventory management system absed on stock being delivered as and when they are needed in the production process. As stocks are delivered just before they are used, there is no need to have buffer stocks.

_______is a method of lean production used to ensure that inventory is based on actual customers orders using a card system with an inventory number attached to each component in the production

_______refers to the approach used to eliminate waste(muda) in an organization. As a result, lean organizations benefit from higher productivity and lower costs

"_______" means that a good or service must be fit for its purpose by meeting or exceeding the expectations of consumers

_______refers to the methods used by a business to reassure customers that its products meet certain quality standards, such as the ISO 9000

_______are groups of workers that meet on a regular basis to identify problems related to quality assurance, to consider alternative solutions to the identified problems and to make feasible recommendations for improvement