...managers. The complete utilization of resources- manpower and equipment is stressed on. Employee involvement and strong relations with suppliers and customers are the cornerstones of this philosophy. =-=[2]-=- The WCM philosophy was pioneered by the Japanese manufacturing revolution. It focuses on continuous improvement in quality, cost, lead time, flexibility and customer service. [3] According to the WCM...
...ed above and help in finding the inefficient segments and practices. 3.2 Value stream: A value stream is the sequence of all the actions that are required to bring the product from concept to launch. =-=[5]-=- It traces the conversion of the product from raw material to its final form and also the customer order from placement till fulfillment. A value stream includes the value adding and non value adding ...
... of this philosophy. [2] The WCM philosophy was pioneered by the Japanese manufacturing revolution. It focuses on continuous improvement in quality, cost, lead time, flexibility and customer service. =-=[3]-=- According to the WCM philosophy, elimination of waste or muda is important for the creation of a lean organization [4]. The seven key wastes are: 1) Over production or early production 2) Inventory 3...
...odels in discrete, combinatorial optimization. It involves determining the shortest route for a salesman wishing to visit n cities. The input to the model is the distance between each pair of cities. =-=[6]-=- The solution to the model can be found by using optimal algorithms for finding exact solutions or using heuristic algorithms for suboptimal yet acceptably good solutions. Exact algorithms include the...
...ations 1 and 2 enforce the condition that for a circular sequence, each product has a product produced before it and one after it. They also ensure that all the products are produced in the sequence. =-=[9]-=- 4.4.5 Solution: The programming language that was selected was Visual Basic. The problem was solved using an exact algorithm followed by a trial with a heuristic one. For the exact solution, all the ...