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Operations Strategy is enhanced by Substitute (Lean) strategies in quest to match capacity and demand for Operations.
a) What are Substitute strategies? And how do the enhance the operations strategies. State and describe Five (5)Lean Principles and Seven Plus One (7 +1) or Muda – 8 Wastes identified through the Lean Philosophy.
b) State and explain Kaizen, Kanban, Heinjunka, Jidoka, Judoka lean, Poka yoke and 5S as some of the lean techniques used to minimise waste and enhance value in Operations.
c) What is JIT Philosophy and what are its Advantages and Disadvantages? What is Six-Sigma and how does it compliment the Operations Strategy. Identify and describe at least Three (3) Gurus behind the JIT and Six Sigma Philosophies.
A firm purchasing a key supplier to strengthen its value chain is an example of _____.
Diversity Audit". What does a diversity audit entail? How might a diversity audit positively or negatively shape an organization's strategy?
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You were able to assess an organization's analytical maturity and design appropriate analytics strategy to meet organizational needs.
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