Question

2. Explain how lean manufacturing improves the economy’s efficiency in allocation.

3. Before lean manufacturing innovations, Japan mostly sold consumer electronics to the United States. How did lean manufacturing innovations alter Japan’s comparative advantage vis-à-vis the United States?

Answer 1

Lean assembling is the capacity of an organization to supply individualized purchaser merchandise rapidly and effectively with little edge for blunder.

Step-by-step explanation:

It includes a group of representatives and administrators who can settle on definitive viable choices that will ceaselessly build creation proficiency and consumer loyalty.

The absolute most significant explanation behind an organization to change over to lean assembling is the acknowledgement that, as recently expressed, producing is in fact an assistance industry.