Primary elements of zero inventories, Business Management

Assignment Help:

Just  in time  production is defined as philosophy that  focuses attention on eliminating waste by purchasing or manufacturing  just enough of the right items just in  time

It is  a Japanese management philosophy  applied in manufacturing which  involves having the right  items  of the right quality and quantity in the right  place and  at the right time.

Some  observers have called JIT hand to mouth approach to production. It  aims  at having the right  part at  precise right time  and in the right  quantity to go into assembly.

According  to APICS ( American  Production and Inventory  Control  Society .) J IT  is a philosophy  of manufacturing based on planned elimination of all waste and continuous  improvement of productivity. It encompasses the successful execution  of all manufacturing  activities  required  to produce a final product from engineering to delivery and including all stages of conversion from  raw materials onwards.


Related Discussions:- Primary elements of zero inventories

Approaches for handling customer complaints, Explain some of the approaches...

Explain some of the approaches for handling customer complaints and listening to customers

Prepare an analysis of the wage differential, A firm must balance the facto...

A firm must balance the factors used to determine the pay ranges of their employees balancing the job demands with sufficient pay levels to encourage employees to undertake the new

What is perception, QUESTION Modern psychology approaches the analysis ...

QUESTION Modern psychology approaches the analysis of behaviour in several ways. One focuses upon an analysis of the fundamental processes of perception, cognition, movement, l

Spreadsheet to provide a business solution, Gareth's Gardens is a small fir...

Gareth's Gardens is a small firm that specialises in planning and laying new gardens. A particularly popular garden plan consists of a patio and lawn, together with a circular pon

Risk can be both good and bad. briefly discuss, QUESTION (a) Discuss wh...

QUESTION (a) Discuss why effective communications are particularly important in project teams and give examples of formal and informal communication channels that are likely to

Assignment, hi I want help with assignment for management principle

hi I want help with assignment for management principle

., VK Ltd a multi product company, furnishes you the following data relatin...

VK Ltd a multi product company, furnishes you the following data relating to the year 2000. First half sales Second half sales Sales Rs.45000 Rs.50000 Total cost Rs.40000 Rs.43000

Performance management, You just got an important request from the organiza...

You just got an important request from the organization's President to conduct an audit of the company's current appraisal system.  By far the most problematic and volatile issue a

What is recovery time objective, 1. Business Continuity is based on disaste...

1. Business Continuity is based on disaster recovery. Discuss this statement highlighting the technology and processes involved. 2. A large online bank is considering implementi

Free-market quantity of public goods, We said in class that public goods in...

We said in class that public goods involve externalities. Are the externalities associated with public goods generally positive or negative? Use an example in your answer. Is th

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