In: Accounting
Lean manufacturing is an approach to manufacturing that focuses on:
A. sequential processing rather than cell manufacturing
B. acceptable quality levels, rather than zero-defect quality philosophy
C. eliminating waste and maximize customer value
D. production supply rather than customer demand
E. None of these answers are correct
C: eliminating waste and maximize customer value
Explanation:
Lean manufacturing or lean production, often simply "lean", is a systematic method for waste minimization within a manufacturing system without sacrificing productivity. Lean also takes into account waste created through overburden and waste created through unevenness in work loads . Working from the perspective of the client who consumes a product or service, "value" is any action or process that a customer would be willing to pay for.
Lean manufacturing makes obvious what adds value, by reducing everything else (which is not adding value).
The core idea is to maximize customer value while minimizing
waste. Simply, lean means creating more value for customers with
fewer resources.
A lean organisation understands customer value and focuses its key
processes to continuously increase it. The ultimate goal is to
provide perfect value to the customer through a perfect value
creation process that has zero waste.