Kaizen is a japanese word which means?

Which of the following is a benefit of lean production?

Higher ordering and administration costs are advantages of just-in time production.

No waste, obsolete or damaged stock is an advantage of just-in- time production.

____________ is where workers are trained in more than one skill which enables them to do a range of jobs.

JIT means that goods are not produced unless they have been ordered.

__________ is the time between receiving an order and making a delivery.

Which of the following is benefit of team work?

E-commerce benefits people who live in isolated locations.

________ is the trading of goods and services electronically.

____________ are used in welding, assembly, and in the movement of component on a production line.

___________- can be used to withdraw cash 24/7

B2B involves businesses selling to other ___________.

New technology results in higher productivity and lower costs

_____________ is a commitment by a business to maintain quality throughout the organisation.

__________ policy aims to ensure that every product that is manufactured is free from defects.

To get familiar with new technology, existing staff may need to be retrained.

New technology comes with high set up and purchase costs and this is a disadvantage.

In ____________ technology allows people to travel without a ticket.