the development of the kanban concept from the two-bin inventory system. 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. Kanban: It reduces the ideal time of the system and it follows JIT concepts, it orders for the stocks when it reaches the reorder point to reduce the ideal time of stock and holding cost and to improve the transmit time.

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Chapter 16, Problem 6Q

Summary Introduction

To identify: the development of the kanban concept from the two-bin inventory system.

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.

Kanban: It reduces the ideal time of the system and it follows JIT concepts, it orders for the stocks when it reaches the reorder point to reduce the ideal time of stock and holding cost and to improve the transmit time.

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