Aswanth Rajeev

Fault tree analysis is logical analysis of root cause of a fault that has occurred. Least useful - Since it is used to analyse faults that have occurred, it may not unearth any other potent faults in the system. Most useful - When used during design of system to analyse probable faults and their causes (FMEA), and build in the mitigants.

The below illustrations of cost saving, cost avoidance that can be achieved via 5S are agnostic to industries. And therefore applies to all industries, equally as to manufacturing. Cost saving through 5S: Direct cost saving through: 1. Efficient use of input resources >> Thereby, less wastage of input resources >> Lower direct cost. 2. Better productivity of human resources, machinery >> Lower direct cost Indirect cost saving through 5S: 1. Efficient maintenance of fixed assets >> Better life of assets >> Better depreciation costs >> Lower overhead, fixed costs Cost avoidance through 5S: 1. Avoid procurement, hire of redundant resources >> Direct, indirect cost avoidance