Just in Time

Just in term (JIT) Manufacturing and Inventory Control system: Learning objectives of the article: * Define and explain the design of sanitary in agemanufacturing andinventory control system. * What argonadvantages and disadvantagesofjust in beatmanufacturing system? Traditionally manufacturers throw forecasted aim for their products into the future and then bear seek to calm outproductionto fulfill that forecasted demand. At the same time, they have also attempted to celebrate everyone as busy as possible producing outturn so as to maximize efficiency and (hopefully) reduce costs. Unfortunately, this approach shot has a number of major drawbacks including large inventories, longproductiontimes, high defectrates,productionobsolescence, unfitness to fit delivery schedules, and (ironically) high costs. Non of this is obvious-if it were, companies would long ago have toss out this approach. Managers atToyotaare credited with the insight that an entirely newfound approach, calledjust in time(JIT)was undeniable.

* definition of Just in time manufacturing * Just-In-Time concept * Benefits / Advantages of just in time manufacturing system * Limitations / Disadvantages of Just in Time Manufacturing * List of Companies that use just in time System Definition and Explanation of Just in Time Manufacturing: Just In Time(JIT)is aproductionandinventory control systemin which materials are purchased and units are produced completely as needed to meet actual customer demand. When Companies useJust in Time(JIT) manufacturing andinventory control system, they purchase mater ials and produce units only as needed to mee! t actual customers demand. Injust in timemanufacturing systeminventories are cut to the negligible and in some cases arezero. JIT approach can be use in both manufacturing and merchandising companies. It has the most involved effects, however, on the operations of manufacturing companies which maintain three class of inventories-raw material,Work in...If you necessitate to pull out a full essay, order it on our website: BestEssayCheap.com

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