Describe briefly at least two core elements of lean

Assignment Help Corporate Finance
Reference no: EM131340021

Assignment

You will research the elements and core disciplines of various Lean Enterprise/Operational Excellence initiatives/approaches (for example Lean, Six Sigma, TQM, Theory of Constraints, ISO, Operational Excellence) for both manufacturing and services as it relates to your organization (or one with which you are familiar).

Write a 1,050- to 1,400-word paper in which you address the following points:

Describe briefly at least two core elements of Lean that you personally can use to improve your own organization or one you know.

Compare/contrast at least two operational excellence (Six Sigma, TQM, Theory of Constraints, ISO, etc.) approaches to a Lean Enterprise in the simple matrix given below.

Note: Matrix will need to be included in paper.

Evaluate how your selected organization's (your own or one you have chosen) vision supports Lean. If the organization's vision does not support Lean, re-write it yourself so that it does, and describe how your new version of the vision supports Lean showing old and new forms.

Assess how Lean Enterprises and/or other Operational Excellence initiatives/approaches can help lead an organization to change.

Matrix:

Six Sigma TQM Theory of Constraints ISO

Compared to Lean:

Contrasted to Lean:

Note: Pick at least 2; you can choose others.

Format your paper consistent with APA guidelines.

Use a minimum of 3 different references that are not from the same online text, library book or article.

Reference no: EM131340021

Questions Cloud

Develop a comprehensive implementation proposal : The purpose of this assignment is to evaluate your ability to develop a comprehensive implementation proposal for an information system that uses a systems approach
Describe the hole flow and electron flow : Explain the diagrams and be careful to define any new symbols (e.g., those representing EHP generation and recombination).
Explain the rationale for health insurance expansion : Analyze the rationale for health insurance expansion under the Affordable Care Act. How does health insurance expansion relate to the problem of adverse selection?
Explain the ethical consideration of using a reversal single : Explain the ethical considerations of using a reversal single-subject design when addressing aggressive or self-injurious behavior. Differentiate baseline data and intervention data. How can baseline and intervention data allow you to determine i..
Describe briefly at least two core elements of lean : Describe briefly at least two core elements of Lean that you personally can use to improve your own organization or one you know. Evaluate how your selected organization's vision supports Lean.
Taxes important in distributions to stockholders : Why is the question of taxes important in distributions to stockholders? What does today’s tax environment suggest about the preference for one versus the other? What might a firm that holds abnormally large cash balances likely suggest to shareholde..
What are some of mary''s central traits : Allport suggested seven criteria that demonstrate that a person is psychologically healthy (mature). What are they? Find examples of them in the case.What are the differences between cardinal, central, and secondary traits? What are some of Mary's ..
In what ways is the "fight-or-flight response is helpful : In what ways is the "fight-or-flight response is helpful to humans in emergency situations? Subject. What steps should the researcher take to eliminate bias based on both experimenter expectations and participant expectation.
Commercial banks generally charge lower interest rates : Commercial banks generally charge lower interest rates than other lending institutions because. All of the following is information required to create a net present value profile except for which one?

Reviews

Write a Review

Corporate Finance Questions & Answers

  Prepare projected statements of earnings

Analysis of Projected Financial Statements and Sourcing of Required Funds Based on Certain Business Strategies. Prepare projected statements of earnings, statement of retained earnings, balance sheets, and cash flow statements for 2008 and 2009, re..

  Calculate the annual incremental operating cash flows

Calculate the annual incremental operating cash flows for the new machine. Calculate the terminal value of the new machine.

  Should highvalu make the cushions or continue to purchase

Assume that HighValu Inc., as described, currently purchases the chair cushions for its lawn set from an outside vendor for $15 per set.  Should HighValu make the cushions or continue to purchase them from the vendor?

  Prepare a monthly operating budget for the dmv

Prepare a monthly operating budget for the DMV for the fiscal year ending August 31, 2014. Determine the operating surplus and deficit for each month and for the year as a whole.

  Recalculate the value of the buffelhead call option see

recalculate the value of the buffelhead call option see question 5 assuming that the option is american and that at the

  Question equity transactions and adjustments statement of

question equity transactions and adjustments statement of changes in equity.on 30 june 2013 the equity of lilium ltd

  What is the real us rate in terms of foreign interest rates

If the nominal U.S. interest rate is 10 percent and U.S. inflation is 6 percent, what is the real U.S. interest rate?- What is the real U.S. rate in terms of foreign interest rates?

  Compute the debt to equity ratios

Considering the following three companies:  i) eBay ii) The Clorox Company (CLX) iii) Alaska Air Group, Inc. (NYS: ALK).

  What is the companys wacc

What is the dollar price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) - What is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded ..

  Explore how a company uses social media

Explore how a company uses social media:- What's your favorite company? Spend some time exploring how the company uses social media.

  Review each products contribution to sales in term of profit

Review the sales volume, cost, and price of each specific product. Review each product's contribution to sales in terms of profit. Describe the relationship between sales and supportive employment.

  What is the three-year return on the stock price of company

What is the three-year return on the stock price of the first company? How is stock performing? Ensure that you use appropriate formula in your spreadsheets to calculate three-year return on the given company's stock price.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd