Eliminates of manufacturing waste, Business Management

Assignment Help:

JIT  is a management  philosophy  that  eliminates of manufacturing  waste  by production  the  right part in the right place at the right time. Waste results from any activity that adds cost without  adding value  should improve profits by reducing inventory levels ( increasing the inventory turnover rate)  improving product quality   reducing production and delivery lead times. And  reducing  other  costs ( such  as those associated with machine setup and equipment breakdown) . JIT concept applies  to repetitive  manufacturing processes in which  the same products and components are production  repetitively. The  general idea is to establish flow processes by linking work centres so that  there is an  even balance  flow of materials thought  the entire production process.

There are seven  kinds  of wastes according to shigeo,  shingo a recognized JIT authority and an  engineer at Toyota motor company.


Related Discussions:- Eliminates of manufacturing waste

Define approach to implementing enterprise systems, In their case study of ...

In their case study of Vicro Communications Paper et al (2003) identify a "set of factors that should be useful to other organisations facing similar problems" in Business Process

Joint negotiating panel and dual recognition, Question 1: (i) Define a...

Question 1: (i) Define a "bargaining unit". (ii) What are the factors, advocated by the Code of Practice of the Industrial Relations Act, 1973 which should be taken into a

Principles of business.., Do you have sample assignments for qualification ...

Do you have sample assignments for qualification D/506/1942

Different stages of team development, QUESTION (a) What are the differe...

QUESTION (a) What are the different stages of team development and elaborate on each of them and explain the importance of each of these stages. (b) The ‘reflective thinking

What are the levels of management, What are the levels of management? ...

What are the levels of management? Levels of Management: Industrial management has obtained the given activity levels as follows: • Top Management • Upper middle ma

Introduction to opperation research.., discuss the advantages of mathematic...

discuss the advantages of mathematical models over over other types of models

Outline briefly smart cards, QUESTION a) Explain the whole credit card ...

QUESTION a) Explain the whole credit card processing cycle, identifying the different steps and parties involved. b) (i) Outline the main differences between a credit card a

Technology used for communication, Question 1 Since 2000, Tizil Company...

Question 1 Since 2000, Tizil Company Ltd manufactures Teddy bears which it exports to European countries. It has several factories located in Mauritius and in Rodrigues. With

BUSINESS EVIRONMENT, Ask question #MinYou are required to investigate and e...

Ask question #MinYou are required to investigate and explain the key factors that drive globalisation as well as the key challenges this creates when operating globally. This will

Explain the steps involved in vogel approximation method, Q1. a. Explain th...

Q1. a. Explain the steps involved in Vogel's approximation method (VAM) of solving Transportation Problem. b. Solve the following transportation problem using Vogel's approximat

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