Wednesday, November 19, 2014

What I have learned about the business/consumer world - 11/19/2014

Learned Today:
  • I never fully realized that there was a dedicated and unique invention of the "Ocean Shipping Container" during the 1950's, as I had figured that it had been a common and standardized way of shipping goods for a very long time.
  • I didn't know about the "Toyota Production System," which is a system that breaks the production process of vehicles into two concepts, one of them being a safeguard to preventing unwanted defections, and the other with machines that only produce the necessary parts required to move to the next process during production.

Questions:

  • How does the Toyota Production System work, and what are the specific details of each process? How does the system flow consistently without constant flaws?
  • Who designed the Ocean Shipping Container, and how did companies react to the new invention?

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