Operational Excellence Executive Interview Questions and Answers

Lean manufacturing focuses on eliminating waste while TPM focuses on maximizing equipment effectiveness.

• Lean manufacturing aims to reduce waste in the production process

• TPM aims to maximize equipment effectiveness and minimize downtime

• Lean manufacturing focuses on continuous improvement and involves all employees

• TPM involves regular maintenance and upkeep of equipment

• Both methodologies can be used together to improve overall operational efficiency

MTBF stands for Mean Time Between Failures and MTTR stands for Mean Time To Repair.

• MTBF is the average time between two failures of a system or equipment.

• MTTR is the average time taken to repair a failed system or equipment.

• MTBF and MTTR are important metrics in measuring the reliability and maintainability of a system.

• MTBF and MTTR can be used to calculate the availability of a system.

• For example, if a machine has an MTBF of 1000 hours and an MTTR of 2 hours, its availabilit...read more