Five forms of waste within manufacturing organisations, Operation Management

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Describe FIVE forms of waste within manufacturing organisations that lean process improvement aims to eliminate.

Inventory (all components, work in progress and ended product not being processed).
Motion (people or equipment moving or walking more than is needed to perform the processing).
Waiting (waiting for the next production step).
Over-production (production ahead of demand).
Over-processing (resulting from poor tool or product design making activity).
Defects (the effort include in inspecting for and fixing defects).

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