Tanmay's response demonstrates a basic understanding of lean manufacturing principles, focusing on waste elimination and productivity enhancement. However, the response lacks specific examples and depth in application, such as identifying waste areas like excess inventory or unnecessary movement, which are crucial for a comprehensive understanding. The mention of continuous improvement and value stream manufacturing is relevant, but the response could be improved by detailing specific techniques like Just-In-Time production or value stream mapping to illustrate practical application in a basic assembly line.