What are the objectives of a jit system

Assignment Help Management Theories
Reference no: EM13919842

Apex Technologies produces automotive filters that are used by original equipment manufactures of automobiles and light truck. Apex operates a single plant manufcaturing department in metal fabrication. It manufacturer over 100 different fileters. The metal fabrication department implemented a JIT System with respect to raw material purchased no other department at Apex has implemented JIT System .

1. What are the objectives of a JIT System and what should the manager communicate to the other department supervisor?

2. What are some actions that Apex could take to ease the transition of a JIT System

3. In order to successfully implement the JIT system, what arrangements must the company make with vendors? How will these arrangements be formalized?

Reference no: EM13919842

Questions Cloud

List of psychiatric disorders : Question 1: According to the list of psychiatric disorders provided in the DSM-IV-TR PowerPoint material, a Mood Disorder is diagnosed on:
Earn minimum rate of return : The Good Life Insurance Co. wants to sell you an annuity which will pay you $660 per quarter for 30 years. You want to earn a minimum rate of return of 5.1 percent. What is the most you are willing to pay as a lump sum today to buy this annuity? How ..
The following information is available for pacilio security : The following information is available for Pacilio Security Services Inc. for 2011, its first year of operations. Pacilio provides security services for local sporting events.
Stock portfolio-what is the portfolio beta : You own a stock portfolio invested 10 percent in stock Q, 25 percent in stock R, 50 percent in stock S, and 15 percent in stock T. The betas for these four stocks 1.4, .6, 1.5, and .9, respectively. What is the portfolio beta?
What are the objectives of a jit system : In order to successfully implement the JIT system, what arrangements must the company make with vendors? How will these arrangements be formalized?
How do you calculate compounding interest : Mr. Miser loans money at an annual rate of 20 percent. Interest is compounded daily. What is the actual rate Mr. Miser is charging on his loans? How do you calculate compounding interest?
Periwinkle manufacturing company : Periwinkle Manufacturing Company has the following budgeted costs for 10,000 units
Define ways management philosophies are indeed complementary : Let's assume that a manufacturing cell is implemented for a product. This assumption incorporates JIT manufacturing principles into the ABC costing system implying that they are complementary. Discuss some of the ways that these two management phi..
Accounting for stock dividends and stock splits : The following transactions occurred during the year in the following sequence: Declared and distributed a 10% stock dividend on the outstanding common shares at a time when the common shares were selling for $15 per share. Calculate the par value per..

Reviews

Write a Review

Management Theories Questions & Answers

  Literature review gyms and fitness club at sydney

Literature Review: Gyms and Fitness club at Sydney

  Strategies or approaches for implementing changes

What are the three commonly used strategies or approaches for implementing changes in an organization. Give an advantage and/or disadvantage for each type of approach.

  Give examples of individual incentives used by an organize

Give examples of individual incentives used by an organization in which you were employed, and then describe why those plans were or were not successful.

  Prepare 0.2m of sulphuric acid for 49 students

How would you prepare 0.2M of sulphuric acid for 49 students,given the necessary precaution you will take.Supposing the acid solution was not more concentrated than 0.2M.What would you do to bring it to the given concentration?

  Affirming diversity in the field of education

Affirming Diversity in the field of education

  Find the vendor and the quantity with the minimum

If the holding cost is 50% of the purchase price. Find the vendor and the quantity with the minimum total cost.

  Use technology and information resources

Use technology and information resources to research issues in business and society.

  Discuss range of activities in property management

Discuss the range of activities which propertymanagement encompasses in the context of associated professional roles anda dynamic economic environment.

  A developing country wants to become more global

A developing country wants to become more global, hoping to increase the pace of its economic growth and improve the quality of life for its people. It wants to achieve this by attracting foreign direct investment.

  How is that information used and interpreted

(From Using Reports and Proposals to Communicate Module)What does MELT do during conference calls; Why is this effective and proactive; How does MELT measure success or failure daily; How is that information used and interpreted?

  Measuring customer satisfaction paper

Measuring Customer Satisfaction Paper

  Case studies are used extensively in teaching business

Case studies are used extensively in teaching business. Typically, students perform an analysis on a case study prepared by an author or the professor-in this instance, the student is the author of the cases. The case study research strategy pr..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd