Lean production is an operating philosophy or mindset that essentially attempts to minimize the impact of system variability and flaws in forecasting through the use of high safety stock inventories.

Question

Quizplus · Accepted Answer

This statement is incorrect. Lean production actually aims to reduce or eliminate inventory through the use of efficient production processes and just-in-time delivery systems. It also seeks to identify and eliminate sources of waste, including variability and forecasting errors.

Lean Production Is an Operating Philosophy or Mindset That Essentially