OPERATIONS MANAGEMENT (LL) W/CONNECT
OPERATIONS MANAGEMENT (LL) W/CONNECT
14th Edition
ISBN: 9781265502942
Author: Stevenson
Publisher: MCG CUSTOM
Question
Book Icon
Chapter 14, Problem 3DRQ
Summary Introduction

To determine: Philosophy that underlies JIT.

Introduction: JIT (Just in Time) is an inventory administration technique where materials, merchandise, and work are planned to arrive or be refilled precisely when required in the generation procedure.

JIT is considered as superlative for organizations utilizing surplus assembling capacities; medical centers, small organizations, and different elements may not discover JIT achievable. The objective of JIT is to diminish costs by keeping stocks sufficiently available to meet prompt creation needs. Subsequently, keeping in mind the end goal to adequately utilize JIT an organization should precisely conjecture request.

Blurred answer
Students have asked these similar questions
Describe the philosophy that underlies JIT (i.e., what is JIT intended to accomplish?).
Type of users JIT, example of the companies that use JIT and conclusion
Discuss how the Japanese word for card has applicationin the study of JIT.
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Text book image
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Text book image
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Text book image
Business in Action
Operations Management
ISBN:9780135198100
Author:BOVEE
Publisher:PEARSON CO
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Text book image
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.