Foundations of Operating Efficiency

These flashcards cover key vocabulary and concepts related to Operating Efficiency and Lean Systems as presented in the lecture.

Toyota Production System (TPS)

A production system that merges the concepts of assembly line, quality points, and continuous improvement, aimed at eliminating waste.

Just-In-Time (JIT)

A philosophy focusing on maximizing efficiency and eliminating waste, often associated with stockless production and zero inventory.

Lean Systems

Approaches that emphasize continuous improvement and waste elimination to maximize customer value.

DOWNTIME

An acronym representing 8 types of waste in Lean: Defects, Overproduction, Waiting, Non-use of employee ideas, Transportation, Inventory, Motion, and Excess production.

5S Methodology

A Lean technique that organizes the workplace and eliminates waste through 5 pillars: Sort, Set in order, Shine, Standardize, and Sustain.

Push Method

A system that moves materials through production based on forecasted demand, often resulting in high inventories and large lots.

Pull Method

A system that moves materials based on actual demand from customers, resulting in low inventories and reduced waste.

Quality at the Source (QATS)

A quality management approach that ensures quality checks are performed at every step of the production process.

Total Preventive Maintenance (TPM)

A maintenance strategy that aims to prevent equipment failures and increase effectiveness through proactive maintenance.

Cycle Time

The measure of how often a product is produced, which must align with the desired takt time to meet demand.

Inventory Reduction

A strategy in Lean that uncovers operational problems, enhances turnover, and can increase risks of stockouts.

Product Flexibility

The ability of Lean systems to quickly adjust production schedules in response to changing customer demands.

Volume Flexibility

The capability of Lean systems to adapt to sudden changes in demand while maintaining low work-in-process inventories.