Lean production

What is the primary aim of lean production?

• To maximize employee idle time

• To increase production costs

• To find ways of cutting out waste without compromising product quality

• To increase the variety of products

Which of the following is NOT a reason why businesses want to cut out waste?

• Waste involves cost

• Excess waste leads to lower profit

• Excess costs and high waste make a business uncompetitive

• Waste ensures competitive advantage

What can overproduction of stocks or inventories lead to?

• Increased demand for products

• Build-up of excess stocks and further losses

• Improved product quality

• Reduction in business costs

What is a significant example of waste in business?

• Efficient use of assets

• Defective output

• Reduced working hours

• Increased employee productivity

What is essential for the successful implementation of lean production?

• Short-term fixes

• Trust between management and employees

• Avoidance of training staff

• Sole focus on profit maximization

What does time-based management in lean production focus on?

• Increasing the time products spend in inventory

• Reducing idle or wasted time

• Limiting employee training to specific tasks

• Maximizing the production of defective outputs

What is a key benefit of cell production?

• Decreased communication among team members

• Increased waste due to lack of teamwork

• Sole reliance on external suppliers

• Reduction in waste as the cell takes ownership of work

What is a potential drawback of just in time (JIT) production?

• Increased inventories

• Leaves little room for mistakes

• Increased working capital invested in inventories

• Guaranteed on-time delivery from suppliers

What is Kaizen also known as?

• Just in time

• Time-based management

• Continuous improvement

• Cell production

What is a key aspect of implementing Kaizen?

• Focusing solely on long-term changes

• Identifying small, incremental changes for improvement

• Ignoring employee suggestions

• Large investments for small improvements