Explain how each of the following is a basis for competitiv

. Explain how each of the following is a basis for competitive advantage in manufacturing cost, quality, time and agility. 2. In ten words or less what is the primary focus of ean production? 3. What is craft production? 4. What were Henry Ford\'s most significant contributions to mass production? 5. Why did Eiji Toyoda and Taichi Ohno decide against copying Detroit\'s system of mass 6. Explain some of the reasons why America\'s position as the world\'s supreme industrial 7. Describe the principles of the Toyota Production System and how it is a departure from 8. The automobile changed the world. Can you name three other world changing production? How did that lead to the Toyota Production System? power began to decline in the 1960s and 1970s. traditional production systems? technologies?

Solution

B – Quality - The quality of the products is one of most important things which should be taken into consideration while manufacturing goods. Products and goods being sold by the company should be reliable and durable.

C – Time - A Company should always try to reduce the manual effort which goes into manufacturing products. Automating the processes can help the Company in speeding the manufacturing process thereby reducing the cost of the product and increasing sales.

D – Agility - Company should understand the needs of the customer and respond accordingly. Any Company which fails to do so cannot withstand the competition in the market and hence will drown soon. Agility, thus is an important factor to be considered for competitive advantage.

2. Lean Production is a manufacturing technique to increase efficiency and profitability. The primary focus of Lean Production is speed of output by waste elimination.

3. Craft Production is manufacturing technique where products and goods are manufactured by hands or without the help of any tools.

4. Henry Ford revolutionized the assembly line by reducing the car making time from 12hours to 90minutes. Ford developed the mass-produced Model-T car, which sold at an affordable price.

 . Explain how each of the following is a basis for competitive advantage in manufacturing cost, quality, time and agility. 2. In ten words or less what is the

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