Define level capacity strategy verses just in time system, Operation Management

Assignment Help:

Define why a level capacity strategy could be complicated to adopt for an organisation operating a just in time system?

Level capacity strategy

Along with a level capacity strategy of inventory management the organisation produces at a constant output avoiding any changes within demand. It frequently means stockpiling for a manufacturer or superior holdings of stock when demand levels decrease.

Just in time

JIT needs that products must only be produced when there is an internal or external client waiting for them. This aims ideally for zero stock as an example; raw materials delivered instantly at the time they are required, no build up of work-into-progress throughout production and finished goods only produced when there is a customer waiting for them for example, a chase management strategy.

Contrast

The two principles do not support one other since the former includes stock piling which conflicts along with the latter are aim of zero stock.


Related Discussions:- Define level capacity strategy verses just in time system

What are the financial institutions offer loans, After working for 30 years...

After working for 30 years, Ramjee Somjee Dutt opted for VRS and started a courier company and did very well in the first four years. He was now looking for expansion of his busine

Explain a linear trend equation, Value: 15.00 points Problem 3-2 National S...

Value: 15.00 points Problem 3-2 National Scan, Inc., sells radio frequency inventory tags. Monthly sales for a seven-month period were as follows: Month Sales (000) Units Feb. 17 M

Explain project form more common or the exponential form, Is the stretched-...

Is the stretched-S life cycle project form more common or the exponential form? What other aspects of managing a project are affected by the nature of the project form besides budg

Explain labour relations system of canada, Type your question here compare ...

Type your question here compare and contrast the labour relations system of Canada with that of the U.S. Determine the most significant difference and how it likely impacts the Can

Justify the duration of the simulation and assumptions, Alabama Airlines op...

Alabama Airlines opened its doors in June 1995 as a commuter service with its headquarters and only hub located in Birmingham. A product of airline deregulation, Alabama Air joined

Alternative control chart constructions, Alternative Control Chart Construc...

Alternative Control Chart Constructions In this treatment of the subject, description has been of charts with both warning and action limits, and these limits calculated with

Multifactor productivity, A company that makes shopping carts for supermark...

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shoppin

Explain three process steps performed by three machines, Consider the follo...

Consider the following batch-flow process consisting of three process steps performed by three machines: STEP 1 Processing Time: 0.25 Min/Part Processing Time: 0.20 Min/Part Pro

Service sector - financial services, Service Sector - Financial Services ...

Service Sector - Financial Services 1. Explosion of customer choice  2. Globalisation of financial services - extensive use of computer technology  3. Innovation on bot

Writing a problem statement, I want help on writing a problem statement for...

I want help on writing a problem statement for my project...

Write Your Message!

Captcha
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