Aiden wants to find a way to cut back on labor and reduce his company's investment in tools and space, because he believes his firm uses more of all types of resources than is necessary. It seems that Aiden would like to adopt?

The ceteris paribus assumption describes the way in which a good or service offered by the company increases in demand independently of the fact that the budget for its production has been lowered, as in this case Aiden wants to decrease investment in tools and space. Nevertheless, he expects that the market stays in a balance and no to go down.

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Martebi Martebi · Answer 2 · 2021-10-28T11:33:13+02:00

Aiden would like to adopt Lean manufacturing

Lean manufacturing is simply known as a production method where the use of the idea of maximising productivity througj the acy of hand in hand minimising waste within a manufacturing operation. The advantage of it is that there is reduced lead times and operating costs and thereafter, there is improved product quality.

Based on Womack and Jones, there are five key lean principles. Such as value, value stream, flow, pull, and perfection. Lean manufacturing employs the pull system.

Conclusively, in this principle, there is Avoidance of quality issues by mixing the skills and experience of two developers instead of one.

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