Operations and Supply Chain Management 9th edition
Operations and Supply Chain Management 9th edition
9th Edition
ISBN: 9781119320975
Author: Roberta S. Russell, Bernard W. Taylor III
Publisher: WILEY
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Chapter 16, Problem 1Q
Summary Introduction

To identify: The purpose of lean production

Lean production refers to the approach of the management aiming to cost-cutting by providing quality products to the customer by an efficient handling of input. In this approach, the management does not add any value added thing to the production product and tried to eliminate or minimize the additional cost such as holding cost, transportation cost, stocks, and overproduction.

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Explanation of Solution

The overall purpose of lean production is to eliminate the cost and increase the production and value of the product by achieving a competitive advantage in cost. Improving the quality of the product by reducing unnecessary waste, waiting time, and standardize the work. Focusing on flow of the process will result in continual improvement in the process.

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