Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is kaizen
Kaizen is the Japanese term for continuous improvement. The kaizen concept was pioneered by in Japan by Toyota as daily challenge to all its to improve their processes and working environment little by little over time the effect of these small incremental changes compound into significant improvements to a company s value added company position.
Today the kaizen approach is endorsed many time using different name by consultants lean operation practitioners and teams of all workers in companies worldwide to bring about lasting and continuous positive change to all types of process.
Kaizen efforts are usually focused on improvement within a workstation or the local work area where a small group of individuals (the kaizen teams ) seek to improve their own work environment and productivity. The tools available to these kaizen teams have long about been little more than pencil paper a stopwatch and their knowledge of the process.
With recent advance in technology and widespread consumer use video is now becoming the tool of choice for those involves in kaizen initiatives.
Timer pro professional offers extremely easy to use video analysis tools designed specifically to compliment kaizen activities quality improvement initiatives and to facilitate on going operator training and knowledge transfer.
Suggestion system The suggestion system is as integral part of an established management system that aims at involving employees in kaizen. The number of worker s suggestion i
Coefficient of Determination (r 2 ) If the regression line calculated by the least square method were to fit the actual observations perfectly, then all observed points would l
What is Scientific standards and Variance analysis The important steps of standard costing as described above may be summarized as follows; 1) Scientific standards: stand
Transition probabilities These are the probabilities of moving from one state to another in the next time period. Usually they are written in the form of a probability matrix.
M/s ABC has an existing sales of Rs.50 lakhs and permits a credit period of 30 days to its customers. The firm cost of capital is 10% and the ratio of variable cost to sales is 85
what are the factors should be considered before terminated the operation of a losing firm??
TEMPORARY CLOSURE OF FACTORY OR DEPARTMENT Here there is a similar situation to that of discontinuance of a product such as Model N40. A factory which is expected to earn some
help needed
the applicability of standard costing in modern manufacturing environments in volatile environments
A purchased product, sold in a retail store, has a normally distributed daily demand, with a mean of 8 units/day and a variance of 4 (units) 2 . Its supply lead time is 6 days and
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd