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What are the disadvantages of lean production?
Disadvantages of lean production are as illustrated below:
• Incessant cost of investment within retraining displaced or reassigned operators.
• Learning latest skills and strategies to cope along with new methods.
• Modify management a long-term educational strategy of gaining commitment, support and trust through the workforce for example, does not occur overnight and not just a ‘temporary thing’ management are trying out.
• Poor morale, resistance and motivation through the workforce throughout changeover.
Total productive maintenance (TPM) is a concept to enhance the productivity of organisations equipment and can contribute in the direction of an effective lean production system.
Dalton and Carla run a small bicycle shop called "D n C"Bicycles. They must order bicycles for the coming season. Orders for the bicycle must be placed in quantities of twenty(20).
what is cost profit volume?
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