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| Summary: |
In lean manufacturing, costs are reduced by reducing waste within a system. |
| Detail: |
There are seven categories of waste:
1.Overproduction: excess or too early
2.Waiting: queuing delay
3.Transportation: unneeded movements
4.Processing: poor process design
5.Motion: activities that don’t add value
6.Inventory: stock that is sitting is accumulating cost without necessary providing value
7.Defective units: scrap or rework
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| Figures: |
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| Subject: |
General |
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