Explaining the current manufacturing methods

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Reference no: EM131862871

Problem: Customer waiting time for Tesla's Model 3. The backlog is mostly a blessing for Tesla, but it could also turn out to be a bit of a curse. Soon, new reservation holders may not get their cars for three or maybe even four years while also protentially missing out on a federal tax credit that expires after Tesla sells 200,000 cars. Tesla's CEO Elons Musk understands the problem as he recently tweeted " Recommend ordering soon, as the wait time is growing rapidly. Definitely going to need to rethink production planning."

Questions: How would Tesla benefit from TPS(Toyota Production System) lean manufactring production planning to eliminate waiting tme for its customers? What is Tesla's CEO Elon Musk's idea of First princile method and how would that work well with TPS lean manufacturing principles. Is Tesla lean? Compare and contrast their current manufacturing methods to lean manufacturing practiced by TPS.

Reference no: EM131862871

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