Improve quality to zero defects, Business Management

Assignment Help:

The  primary elements of zero inventories synonym to JIT ) are:

a. To have only the  required  inventory when  needed.

b. To improve  quality to zero  defects.

c. To reduce lead times by  reducing set up times  queue lengths  and lot sizes.

d. To incrementally revise the operations  themselves and to accomplish  these  things at minimum cost.

The  concept  of  JIT is  extended to the whole  system of production  i ,e, :

a. To produce and deliver finished goods just in  time to be sold.

b. Sub assemblies just in time to be assembled into finished goods.

c. Purchased materials just in time to be transformed into fabricated parts.

Thus JIT  standsfor producing  necessary units in necessary quantities at the necessary time. The  ultimate aim of  JIT  is to  concentrate on lotless repetitive  manufacturing  with only one unit  of work in process and no stock  of finished  goods  inventories.


Related Discussions:- Improve quality to zero defects

Ricardian model and heckscher-ohlin model, 1. Wage ratios must lie in betwe...

1. Wage ratios must lie in between the inter-country productivity ratios. 2. Large countries are always less specialized. 3. Low wage countries have bigger gains from trade.

Different types of business meetings, QUESTION a) The process of develo...

QUESTION a) The process of developing a presentation is a systematic one comprising three distinct phases. Describe in detail each one of these phases and explain their importa

Production and costs , A bottling company uses two inputs to assemble bottl...

A bottling company uses two inputs to assemble bottles of the soft drink Squish: bottling machines and workers. Running the bottling machine is an imperfect substitute for the labo

Mr, three ogarnizational attitudes

three ogarnizational attitudes

Categories of ratios for financial position and performance, What are categ...

What are categories of ratios for financial position and performance? Usually, there are four main categories of ratios every attempting to measure the financial position and p

Show clarksons principles of stakeholder management, Corporations were for...

Corporations were formerly run solely in the interest of the shareholders. Things have changed; we are now witnessing growing concern for multi stakeholders. (a) Illustrate an

CASE STUDY, It goes by many terms - information overload, analysis paralysi...

It goes by many terms - information overload, analysis paralysis, data dumping, and so on. You know what we''re talking about. It is indeed greater to live in the information age w

Significance of opportunity cost for a business enterprise, Problem 1: ...

Problem 1: a. What is price elasticity of demand and how is it measured? b. Using diagrams explain: (i) A good with price elastic demand (ii) A good with price inelastic d

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