A number of lean manufacturing tools and practices have long been used to reduce manufacturing waste. These include the five S's, visual controls, standardized work, mistake proofing, total productive maintenance, cellular manufacturing, single-digit setup, pull systems, sequencing, activity-based costing, and leveled production.
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12345 . Activity-based Costing Another waste reduction practice is the allocation of overhead costs on a more realistic basis than direct labor or machine hours. The tool that achieves this is an activity-based cost ( ABC ) accounting system, which accumulates costs based on activities performed and then uses cost drivers to allocate these costs to products or other bases, such as customers, markets, or projects. The ABC information about cost pools and drivers, activity analysis, and business processes