Examlex
How does this structure express its architectural value?
TPS
Toyota Production System, a highly influential production philosophy focused on eliminating waste, improving productivity, and achieving efficiency in manufacturing.
Kanban Size
Refers to the capacity or limit set for a kanban, a tool in lean manufacturing and just-in-time production, which signals when more materials or work is needed.
Setup Cost
A fixed cost incurred each time a production process or activity is initiated, which includes costs associated with preparing equipment and facilities for manufacturing.
Carrying Cost
The expenses associated with storing and maintaining inventory, including warehousing, insurance, and spoilage costs.
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