Elimination of waste to maximise customer value is at the core of the lean approach. Required Search
Question:
Elimination of waste to maximise customer value is at the core of the lean approach.
Required
Search online to find two organisations that have adopted a lean approach to operations. Identify the objective that led to the adoption of lean thinking and any changes that have been made to business processes as a result of the lean approach.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
One organisation that has adopted a lean approach to operations is Amazon The objective that led to ...View the full answer
Answered By
Ravi Tomar
I have 5 years of experience as an Agricultural Economics tutor. During this time, I have been able to successfully provide guidance to students in their studies and help them develop their knowledge and understanding of the subject. My approach to teaching has always been to combine academic learning with practical application, often drawing on my professional experience to help students better understand how the concepts they learn apply to the real world. I also focus on helping students develop critical thinking skills, enabling them to tackle problems independently and develop their own solutions. I have also been able to provide support on specific assignments, helping students to structure their work and ensure that it meets the required quality and standards.
0.00
0 Reviews
10+ Question Solved
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
Question Posted:
Students also viewed these Business questions
-
As operations supervisor at an online customer service center, you are concerned about the average time that elapses between the receipt of a customer question or complaint and the issuance of a...
-
As work increasingly moves to online formats, organisations find a computer-based environment changes the structure of decision making. What are some possible internal challenges to managers'...
-
Lean concepts such as continuous improvement and waste reduction have long been used by manufacturing companies. Discuss how service firms can apply the same concepts. Why do you think many service...
-
Discriminate the Enablers and the Inhibitors to IT strategy alignment from the below IT fails to meet commitments IT does not understand business IT involved in strategy development IT understands...
-
Review the research presented in this chapter on the effects of the mass media on violence.
-
A study measures the sorption (either absorption or adsorption) rate of three different types of organic chemical solvents. These solvents are used to clean industrial fabricated-metal parts and are...
-
Would you be comfortable if the details of your decision were reported on the front page of your local newspaper, on a popular Web site or blog, or through your companys e-mail system? This question...
-
Refer to the data in Problem 6.36. In exercise Muskoge Company uses a process-costing system. The company manufactures a product that is processed in two departments: Molding and Assembly. In the...
-
Consider the following two mutually exclusive projects: Year Cash Flow ( A ) Cash Flow ( B ) 0 $ 4 2 4 , 0 0 0 $ 3 9 , 5 0 0 1 4 4 , 5 0 0 2 0 , 3 0 0 2 6 1 , 5 0 0 1 3 , 4 0 0 3 7 8 , 5 0 0 1 8 , 1...
-
a. Prepare an integrated UML class diagram with classes, associations, and multiplicities. b. Using the preceding information and the following attributes list, prepare a listing of the relational...
-
Following is a list of quality-related activities. (a) Inspecting units when they are 100 per cent complete to remove defective units. (b) Designing a process with as few parts as possible to reduce...
-
Paige Maddern owns and operates Paige Nightwear (PN), an internet-based company specialising in high-quality nightwear for men and women. From the outset, Paige has kept a number of key principles in...
-
In assessing the value of radio advertisements, sponsors consider not only the total number of listeners but also their ages. The 18 to 34 age group is considered to spend the most money. To examine...
-
My first run at a dissertation was on Dr. Martin Luther King, Jr. When I was very young he walked through my hometown of Albany, Georgia. My father accompanied him, more to protect him than anything,...
-
Question 2 are charged, and the charge on sphere Y is The X and Y dots shown in the figure are two identical spheres, X and Y, that are fixed in place with their centers in the plane of the page....
-
how do i get the residuel income please help in just need the cell formula in excel 2 Genmure Corporation is trying to analyze the results of three efficiency initiatives that were taken on the...
-
Harlow Appliance has just developed a new air fryer it believes will have broad market appeal. The company has performed marketing and cost studies that revealed the below information: a. New...
-
Based on the business that you created a global strategy for in the week 4 discussion, determine a low-cost & differentiation strategy in an effort to remain competitive in the global market. Include...
-
Jane West, owner of West?s Stencilling Service in Grande Prairie, has requested that you prepare from the following balances? (a) An income statement for June 2020, (b) A statement of owner?s equity...
-
Explain the circumstances that could result in a long-term bank loan being shown in a statement of financial position as a current liability.
-
Provide examples of how management accounting systems have changed in response to information needs as companies have become more complex, technologies have changed, or new competitors have appeared.
-
Given a selected strategy, how do organizations use management accounting information to implement the strategy?
-
Briefly explain each of the four steps of the plandocheckact cycle.
-
*Prepare the plant assets section of Amphonie's balance sheet at December 31, 2021 using the information below. At December 31, 2020, Amphonie Company reported the following as plant assets. Land $...
-
Question 1 of 1 - / 100 View Policies Current Attempt in Progress Pargo Company is preparing its budgeted income statement for 2020. Relevant data pertaining to its sales, production, and direct...
-
Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 500,000...
Study smarter with the SolutionInn App