Factory layout-jit features, Managerial Accounting

Assignment Help:

Factory Layout

The first stage of implementing the JIT manufacturing techniques is to rearrange the factory floor away from the batch production functional layout towards a production layout using low lines with a functional plant layout production through a No. of special departments that normally contain a group of similar machines.

Products are processed in stage batches so as to minimize the set times when machine settings are changed between processing batches of different products. Batches move via different and complex routes through the various departments, traveling over much of the factory floor before they are complete.

Each process normally involves a considerable amount of waiting time and which much time is taken transporting items from one process to another.

A further problem is that it is not easy at any point in time to determine what progress has been made on individual batches and therefore detailed cost accumulation records are necessary to track work in progress. This results in long manufacturing cycles and high work in progress levels.

The JIT solution is to reorganize the production process by dividing the many different products that an organization makes into families of similar products or component. All the products is a in a particular group will have similar production requirement and routing. Production is necessary used so that each production family is manufactured in a well-defined production cell based on flow line principles. In a production how lines specialist department containing similar markets no longer exist. Instead groups of dissimilar markets are organized into products or component family flow lines that function like an assembly line.

For each production lines the market are placed close together in the order in which they are required by the group of products to be processed. The items in each product family can now shift one at time from process to process more easily, thereby reducing wip, and lead time.

The aim is to produce products or component from start to finish without returning to the stock room or stores


Related Discussions:- Factory layout-jit features

Uncertainty of demand-determining the safety stocks level, UNCERTAINTY OF D...

UNCERTAINTY OF DEMAND Demand is the most troublesome variable to predict accurately. Actually, demand may fluctuate from day to day, from week to week or from month to month. T

Objectives of working capital decisions, After going through this section, ...

After going through this section, you must be capable to: Know the concept and characteristics of working capital; Identify with the difference among net working capital

Assigning costs and assets , Assigning Costs and Assets After identify...

Assigning Costs and Assets After identifying its value chain, a firm must assign operating activity and assets to value activities. Operating costs must be assigned to the act

Activity based management, Activity Based Management (ABM) Also referre...

Activity Based Management (ABM) Also referred to as activity based cost management (ABCM). This is used to describe the cost management application of ABC. To implement A

Manufacturing Budget Analysis, Tom Emory and Jim Morris strolled back to th...

Tom Emory and Jim Morris strolled back to their plant from the administrative offices of Ferguson & Son Manufacturing Company. Tom is manager of the machine shop in the company''s

Accounting method, Accounting Method is the method by which income and expe...

Accounting Method is the method by which income and expenses are accounted for taxation purposes. The Internal Revenue Service needs taxpayers to select an accounting method that p

Describe the benefits of operating decisions - relevant cost, Relevant cost...

Relevant costs and benefits for operating decisions: In operating decisions, concentration is on best use of existing capacity. Incremental analysis based on differential cost

International transfer pricing-compliance and documentation, International ...

International transfer pricing Transfer pricing is a perennial issue, within the international tax community (Richard Casna, Accounting and Business, in the year February 1988)

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