Question

Explain the meaning of the terms lean production and synchronous management. How are these relevant to operations in a small company?

Answer 1

Answer:

Lean production is a management reasoning that expects to lessen costs ,improve nature of items and administrations and reduction squander by improving procedures ,keeping low stock and concentrating on quality crude materials.

Synchronous management is tied in with understanding the connection between different strategies and key business gives that a company face. For instance ,issue like long arrangement times is connected to proficiency.

For a little company , these are relevant to guarantee that they are effective in accomplishing their ideal objectives through limiting wastage and improving procedures.

Operations at a little level likewise require close eye to decide whether there is any key issues that must be manage to evade costs floods that may influence the benefit of the firm.

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