Economics · Operations Management
The Lean System incorporates several tools to drive efficiency. Consider the following statements about Just-in-Time (JIT) and 5S principles: Statement 1: The primary goal of Just-in-Time (JIT) is to eliminate the waste of Inventory (Muda) by reducing buffer stocks to the minimum required level. Statement 2: A pull-based inventory system, often facilitated by Kanban cards, is a foundational mechanism for JIT implementation. Statement 3: The 5S concept is solely a cleanliness and housekeeping initiative, having no direct impact on quality or lead time. Statement 4: The 'Set in Order' (Seiton) step of 5S focuses on removing items that are not needed from the work area. Which of the above statements are correct?
- 1Statement 1 and 4 only
- 2Statement 2 and 3 only
- 3Statement 1, 2, and 4 only
- 4Statement 1 and 2 only✓
Correct answer
Statement 1 and 2 only
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