Question

1) Lean production represented by:

a) high levels of inventory to guard against stock outs or bad weather

b) low levels of inventory

c) ongoing negotiations with suppliers

d) an allowance for defects to ensure maximal speed of the assembly line

Note: I would really appreciate it if you give an explanation as of why you chose that answer. Thank you very much and stay safe.

Answer 1

Answer (b) Low Levels of Inventory

As Just in Time Production ,Kaizen Costing ,5's, Total productive Management ,Six sigma They all focus on Minimal Wastage and minimal Wastage can only be acheived by Low Inventory. all other options are clearly irrelevant.

Two of the Seven wastage under Lean system is considered as Inventory and over Production.

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I hope you got Your answer still if yiu have any doubt feel free to comment

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