Factor Traditional Lean Inventory Deliveries Lot sizes Setups, runs Vendors Workers Much, to offset forecast errors, late deliveries Few, large Large Few, long runs Long-term relationships are unusual Necessary to do the work Minimal necessary to operate Many, small Small Many, short runs Partners Assets
Factor Traditional Lean Inventory Deliveries Lot sizes Setups, runs Vendors Workers Much, to offset forecast errors, late deliveries Few, large Large Few, long runs Long-term relationships are unusual Necessary to do the work Minimal necessary to operate Many, small Small Many, short runs Partners Assets
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Some key elements of production systems are listed in Table Explain briefly how lean systems differ from traditional production systems for each of those elements.

Transcribed Image Text:Factor
Traditional
Lean
Inventory
Deliveries
Lot sizes
Setups, runs
Vendors
Workers
Much, to offset forecast errors, late deliveries
Few, large
Large
Few, long runs
Long-term relationships are unusual
Necessary to do the work
Minimal necessary to operate
Many, small
Small
Many, short runs
Partners
Assets
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