Asked by Nishallinee Shanmugam on May 02, 2024
Verified
When implemented as a comprehensive manufacturing strategy, JIT, TPS, and lean systems sustain competitive advantage and result in increased overall returns.
JIT
Just-In-Time, an inventory management strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.
TPS
Toyota Production System, a manufacturing methodology focused on reducing waste and improving efficiency and quality.
Lean Systems
Lean systems are management philosophies that focus on minimizing waste within manufacturing systems while simultaneously maximizing productivity.
- Comprehend the principles of ongoing enhancement and established work protocols within Total Quality Management, streamlined operations, and Just-In-Time systems.
Verified Answer
ZK
Zybrea KnightMay 03, 2024
Final Answer :
True
Explanation :
JIT, TPS, and lean systems are all designed to eliminate waste and improve efficiency in manufacturing. When implemented as a comprehensive strategy, they can lead to sustained competitive advantage and increased returns for the company.
Learning Objectives
- Comprehend the principles of ongoing enhancement and established work protocols within Total Quality Management, streamlined operations, and Just-In-Time systems.