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Explain about the just in time philosophy.
Just in time (JIT):
This philosophy requires which products must only be produced when there is an internal/external customer waiting for them. This aims ideally for zero stock for example as raw materials delivered instantly at the time they are required, no build up of work-within-progress in production and finished goods merely produced when there is a customer waiting for them. It implies cash is not tied up unnecessarily within raw material, work-in-progress or finished goods stock, permitting more effective cash flow management for the organisation. Just in time is an illustration of a chase demand strategy for balancing capacity or supply and demand.
The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order
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#methods..
Consider how these 10 Golden Rules apply to all projects and apply three of them to your project.
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Data show that women earn only----------------cents per dollar earn by men/1.68 cents/2.75 cents/3 50 cents/4 95 cents/4/ 95 cents/5 90 cents/ which is the correct answer for this
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