OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
OPERATIONS MANAGEMENT IN THE SUPPLY CHAIN: DECISIONS & CASES (Mcgraw-hill Series Operations and Decision Sciences)
7th Edition
ISBN: 9780077835439
Author: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein
Publisher: McGraw-Hill Education
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Chapter 7, Problem 6DQ
Summary Introduction

To determine: The ways to reduce the lot sizes and the inventories in a lean production system.

Introduction:

Lean systems in an organization would have greater impact on the customers and their values. The goal of lean thinking is to improve the productivity of the department and the goal for any lean system is to maximize the customer value.

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How can lot sizes and inventories be reduced in a lean production system? Discuss specific approaches.
Why can the lot sizes and stocks be lowered in a lean production system ?
What is the relationship between Lean Systems, Project Management, and Inventory Management? How they are applied to the real world?
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