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What is meant by a "redeemed" state?
Toyota Production System
A highly efficient and flexible production system developed by Toyota that focuses on eliminating waste and increasing quality.
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.
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