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Lean System is an organized method for waste minimization without sacrificing productivity within a manufacturing system. Lean implementation emphasizes the importance of optimizing work flow through strategic operational procedures while minimizing waste and being adaptable. The characteristics of lean manufacturing are: · Zero waiting time· Zero inventory· Pull processing· Continuous flow of production and· Continuous finding ways of reducing process time Push system is not a principle in Lean manufacturing as push system means ‘make to stcok’ in which production is not based on actual demand which may lead to high inventory, higher overheads and over production. Conceptual discussions in live classes for solid foundation of concepts
According to extant RBI guidelines, ‘Payment Banks’ are not permitted to—
The standard of living in a country is represented by its;
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Consider the following:
1. Market borrowing
2. Treasury bills
3. Special securities issued to RBI
Which of these is/are co...
Pradhan Mantri MUDRA Yojana is aimed at
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1. To supply credit to small business units
2. To supply credit ...
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I.Atal Pension Yojana (APY) is administered by Pension Fund Regulatory and Developme...