Figure 2-6
-Refer to Figure 2-6.What is the opportunity cost to society of moving from point B to point D
Definitions:
Poka-yoke
A mistake-proofing technique used in manufacturing and software development to prevent or correct errors by designing the manufacturing process, equipment, or software in a way that avoids errors or makes them immediately evident.
JIT Systems
Just-In-Time inventory management systems designed to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.
Variability
The extent to which data points in a statistical distribution or set differ from each other and from their average.
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