Lean Management Methodology

Lean management is a process management approach focusing on non-financial performance aspects to improve quality and reduce waste. It achieves this by streamlining production, cutting waste, and maintaining or increasing production levels with fewer resources. The core principles include delivering customer value, eliminating waste, and fostering continuous improvement.

What is the primary focus of lean management methodology?

• Market expansion

• Employee satisfaction

• Non-financial performance

• Financial performance

How does lean management aim to improve production processes?

• By increasing the number of employees

• By cutting waste from every element of the process

• By investing in new technology

• By expanding the production facilities

What is the ultimate goal of streamlining production in lean management?

• To increase the number of products

• To achieve the same or greater production with fewer resources

• To enhance marketing strategies

• To reduce the workforce

Which of the following is NOT a core principle of lean management?

• Maximizing profit margins

• Continuous improvement

• Eliminating waste

• Delivering customer value

Which principle of lean management focuses on ongoing enhancement of processes?

• Continuous improvement

• Eliminating waste

• Resource optimization

• Delivering customer value