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Flashcards covering key concepts of lean manufacturing as discussed in the lecture.
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What does T in TIM WOODS stand for in lean manufacturing?
Transportation. It refers to product moving.
What does I in TIM WOODS represent?
Inventory, which is often considered waste.
What kind of motion does M in TIM WOODS refer to?
Motion of people doing work or movement.
Why is W in TIM WOODS significant?
Waiting is considered a waste in lean manufacturing.
What does O stand for in TIM WOODS and why is it important?
Overproduction; it's important to avoid producing too much as it relates to waste.
How is overprocessing defined in the context of TIM WOODS?
Putting too much effort or energy into something beyond customer expectations.
What do defects refer to in the TIM WOODS framework?
Errors that occur in the process of production.
What does S represent in TIM WOODS?
Skills; refers to underutilization of employees.
What does Kaizen mean in the context of lean manufacturing?
Continuous improvement, reflecting an incremental approach to enhance processes.
What is the difference between Hold vs Push in inventory management?
Hold is a pull system where production is triggered by demand, while push involves producing ahead of demand.
What are the 5S steps in lean manufacturing?
Sort, Set in Order, Shine, Standardize, Sustain.
What is Total Productive Maintenance (TPM)?
A maintenance strategy that focuses on proactive and preventative maintenance to maximize the operational efficiency of equipment.
What does JIT stand for?
Just-In-Time, a strategy that aligns production with demand.
What is the purpose of Value Stream Mapping?
To analyze and design the flow of materials and information required to bring a product to a customer.
What is the Deming Cycle?
A continuous quality improvement model consisting of Plan, Do, Check, Act.
What is Kanban in Lean Manufacturing?
A scheduling system that helps in managing and improving work across human systems.
What does 'Takt Time' mean?
The maximum amount of time allowed to produce a product in order to meet customer demand.
What is a bottleneck in production?
The stage in a process that reduces the overall speed of the process.
What is the significance of safety stock?
Safety stock is a buffer to safeguard against uncertainties in demand and supply.