What are the supply chain implications of the lean system emphasis on small lot sizes?
What will be an ideal response?
Small lot sizes reduce average inventory levels (relative to large lots) throughout the entire supply chain. Small lots also pass through the system more quickly, because they do not keep materials waiting. Defective items are discovered more quickly, and shorter delays result from correcting a problem with a smaller lot. In addition, they help achieve a uniform workload and prevent overproduction. One disadvantage of small lots is that they increase the frequency of setups, so lean systems direct a great deal of attention to reducing setup times. Often, an objective of single-digit setups is established, which represents the firm's goal to have setup times of less than 10 minutes.
You might also like to view...
Relocation is the most common way to use downward moves for employee development.
Answer the following statement true (T) or false (F)
As Walmart extends its reach around the globe, observers are using words such as "assault" and "invasion" to describe what it's like for a nation that the company has fixed in its sights
Indicate whether the statement is true or false
The T account got its name because it resembles the letter "T."
Indicate whether the statement is true or false
The Materials and Methods section
A) lists only the materials used in the lab. B) describes the results of the lab. C) lists the materials and the method (procedures) used in the lab.