Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 12, Problem 9P
Summary Introduction

Interpretation: The type of inventory control system that the employee supervises is to be determined.

Concept Introduction: Lean operation is a process in which a business should focus on continuous improvement with minimum resources and elimination of wastage. It is a process which is adopted by business to work efficiently and wastage must be reduced to the maximum level. Its main focus is to create customer satisfaction and eliminate implicit cost. Its principal is to smoothen manufacturing process so that operation of business can be efficiently done. Moreover, delegation of work is important rather than having work load at the same team so that perfection can be attained.

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Inventory Management | Concepts, Examples and Solved Problems; Author: Dr. Bharatendra Rai;https://www.youtube.com/watch?v=2n9NLZTIlz8;License: Standard YouTube License, CC-BY