An Amazing 30% of the World's Population Is "On the Go

question 67

True/False

An amazing 30% of the world's population is "on the go" (migrating) each year.

Understand the principles and objectives of lean manufacturing.

Recognize the differences between lean and traditional manufacturing environments.

Identify the key elements of lean manufacturing such as inventory reduction, quality improvement, and setup time reduction.

Comprehend the role of nonfinancial and financial measures in assessing performance.

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Definitions:

Raw Materials

Basic materials and substances that are processed or refined to manufacture goods, products, or provide services.

Remanufacturing

The process of rebuilding a product to specifications of the original manufactured product using a combination of reused, repaired, and new parts.

Flexible Manufacturing

A production method that is designed to easily adapt to changes in the type and quantity of the product being manufactured.

Design For Disassembly

A design process aimed at making products easier to disassemble at the end of their life cycle, facilitating recycling or disposal.