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LEAN MANUFACTURING. In this paper, a method of downsizing in the manufacturing business is described as "lean manufacturing." Lean manufacturing is defined as the approach to aligning the components of an organization with its manufacturing processes in order to achieve highest and most optimum productivity levels. "Cutting waste, shrinking factory space, and eliminating unnecessary inventory are the basic precepts" (Holmes, 2001) 15 pgs. 3 sources.
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