Which system aims for high product quality, quick delivery, and low costs?

Lean Manufacturing is a system focused on minimizing waste while maximizing productivity. Its primary objectives include high product quality, quick delivery, and low operational costs. This approach is centered around creating more value for customers with fewer resources, which is achieved by streamlining processes and eliminating any activities that don't add value.

By emphasizing continuous improvement, Lean Manufacturing encourages organizations to look for ways to enhance quality and efficiency. High product quality is maintained through practices like error-proofing (poka-yoke) and quality management systems. Quick delivery is facilitated by optimizing flow and reducing lead times. Additionally, by focusing on reducing waste, such as overproduction and excess inventory, Lean Manufacturing effectively lowers costs.

While Agile Manufacturing also seeks responsiveness and adaptability, it specifically focuses on flexibility and quick adjustments to changing customer demands rather than primarily on cost reduction. Just-in-Time Production targets inventory management and aims to increase efficiency by reducing storage costs and minimizing waste but doesn't encapsulate the broader spectrum of high product quality and other lean elements. Mass Production focuses on high volumes and efficiencies but often sacrifices flexibility and customization, which can compromise quality and customer satisfaction.