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Perform a search either on YouTube or Ted Talks specific to, "Just In Time" production or, "Lean" production of your choice. Please provide the link you have selected and complete a write up on the video.
Please ensure to include the following in your discussion to receive full credit:
Why was there a need to implement JIT/Lean processes?
Describe how methods were applied to the specific company, product or service.
What was the quantifiable change following the implementation of these methods?
Was the application of JIT/Lean successful to the process?
Ensure to provide a descriptive summary and thought provoking discussion.
Klub produces programs and books for single-weekend events such as reunions and festivals. Production planning must happen several weeks before the event with no opportunity to re-print, so we have to work with demand forecasts. Klub keeps all of the..
Plaintiff leased defendant’s property for five years with an option to buy at “fair market value.” Plaintiff sought to exercise its option by tendering to defendant $80,000. Defendant rejected this offer. Plaintiff sought specific performance of the ..
Describe the horizontal and vertical channel conflicts that might occur in the furniture industry. How would you remedy the problems you have just described?
Massoud Furniture purchases a special wood used to manufacture kitchenette sets directly from the supplier. Massound kitchenette production, which is operated at a constant rate, will require 1750 logs of wood per month throughout the year (21,000 un..
Many developed countries are currently placing emphasis on reforms of their Corporate Governance structures. In the USA, the Sarbanes-Oxley Act has been enacted. Discuss the strengths and weaknesses of both the USA and UK approach. Presently, the Sin..
A product is said to have superior quality when: A non-profit organization dedicated to providing homeless people with hot meals served at a local church is reviewing its internal resources.
Variable cost would increase to $.60, but sales volume should jump to 50,000 units due ti a higher-quality product. Should audiocables buy the new equipment?
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A computer manufacturer currently has a 25 percent customer defection rate. Their accounting department estimates the incremental contribution to profit and overhead as 30 percent. Customers purchase computers every five years at an average cost of $..
Describe a specific strategic incentive management method you would use for Wal-Mart. What are the various types of duties that export marketers should be aware of? According to Lewin’s model, what things did President Obama do well to manage the cha..
Performance can be affected by various factors. the task was not completed due to a team member/partner not fulfilling his/her responsibilities.
Leadership training and development throughout all levels of the organization. From your experience discuss the importance this component and why?
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