Over the past 40 years, Hyundai has developed its own production model, HPS, initially emulating TPS, followed by re-interpreting and modifying TPS to adapt to the company's unique backgrounds . In other words, HPS is a one-of-a-one form of TPS. Although it from the ideal model of TPS (JIT production pull, ided with flexible human buffers and incremental innovation sings capacity), HPS (based ontechnology-driven push push push production) hasgained a ei leanin eu sien, product quality, and inventory management, thereby overcoming carlyse caused by the the Pre-existing low business wage model, as indicated by Womack et al. (1990). Of, it also also be noted the hpSentails a labour-exclusive manufacturing approach, derived from the company's slair management style (the seining the owner-driven governance structureand, as a fault, as a lygin the voice and interests of other stake-holders, such as as workers and the labour union and un labourstable relations, aslyto TPS. ...
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