Chapter 12, Problem 3P

Summary Introduction

Interpretation: Whether lean operation rely more on precise calculations or reactions to signals 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. It’s main focus is to create customer satisfaction and eliminate implicit cost. It’s 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.