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Explain the 8 reasons for waste in the traditional system? What are 5 problems if there is inadequate inventory? Explain 8 improvements of the JIT approach? What is KANBAN, and what is it used for? Explain how the designated storage space serves as an alternative to the KANBAN system? What is the rate of production in a lean system? How do MRP and Kanban differ? How can MRP and Kanban be used together?

Operation Management, Management Studies

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