ABSTRACT

The widening gap between it and other companies made people wonder what was happening at Toyota. In the periods of high growth before the oil crisis, the usual business cycle consisted of two or three years of prosperity with, at most, six months of recession. At times, prosperity lasted longer than three years. Imitating America is not always bad. The authors learn a lot from the US automobile empire. America has generated wonderful production management techniques, business management techniques such as quality control and total quality control, and industrial engineering methods. Japan imported these ideas and put them into practice. The Japanese should never forget that these techniques were born in America and generated by American efforts. The basis of the Toyota production system is the absolute elimination of waste. In automobile production, the part is then assembled with others into a unit part, and this flows toward the final assembly line.