10) How can a company benefit economically from implementing LSS? Give a specificexample.11) Explain lean thinking in your own words.12) Does lean rely on tools or people most? Explain your response.13) Explain what this phrase from Henry Ford means: "It's not the employer who pays thewages. Employers only handle the money. It's the customer who pays the wages." Whatis the implication of this statement?14) Are quality checks considered value-added activities? Explain your response.15) What are the three things all employees need to start a good normal day?16) What happens if employees do not feel they are making a difference by doing ameaningful job?17) What are the three criteria to determine if an activity is value-added?18) What is "manufacturing insanity"? What does it mean?19) Is it possible to eliminate ALL the waste 100%? Explain your response.20) Explain how Mura, Muri, and Muda are formed if the demand is un-even (show and labelthe demand with a graph). What is the solution to this problem?21) What does "creating flow" mean in lean implementation? Give an example.22) What is the difference between "push" versus "pull" system? Which one is appropriatefor lean? Explain your response.

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10) How can a company benefit economically from implementing LSS? Give a specific example.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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