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1. Is lead time in inventory really important? How can mismanaging lead time costs company?
2. Material handing not only adds value to the product instead, add to its cost. – Elucidate.
3. Assume that you are a production manager for TATA Steel, How will you deal break down maintenance cost? What types of maintenance you will adopt for them.
4. Identify two industries of your choice. When one industry practices TQM and the other practice six SIGMA. What will be the defective rate of the two industries?