Title: | Operations Management‚ 9/e and Principles of Operations Management‚ 7/e | Book Title: | Operations Management‚ 9/e and Principles of Operations Management‚ 7/e | Location on Site: | Chapter 16: Just-in-Time and Lean Operations > Self-Study Quizzes > Multiple Choice | Date/Time Submitted: | May 5‚ 2012 at 4:33 PM (UTC/GMT) | | Summary of Results | 24% Correct of 17 Scored items: 4 Correct: | 24% | 13 Incorrect: | 76% | | More information about scoring | | |
Premium Kanban Lean manufacturing Toyota Production System
1. Executive Summary This report provides an analysis and evaluation of the Just-In-Time system‚ the advantages and disadvantages of the system and how it would benefit AG & Z. The Just-In-Time (JIT) system is a process where goods are ordered as required‚ as opposed to the currently used batch processing system where goods are made in bulk and stored in warehouses until sold. The Just-In-Time system was initially developed to not only cut down the amount of waste produced by other systems‚
Premium Kanban Lean manufacturing Manufacturing
A Project Report on Just In Time (With Respect to the Comparative Analysis of Tata Motors and Toyota Motors) Submitted By Domenico M. Gouveia T.Y.B.M.S 2012-13 Project Guide Prof. Chitra More Submitted To University of Mumbai Vidyalankar School of Information Technology (Affiliated to University of Mumbai) Vidyalankar Marg‚ Wadala (E)‚ Mumbai 400 037 PROJECT REPORT ON [Just In Time] SUBMITTED BY Dominic Gouveia T.Y.B.M.S. 2012-13
Premium Management Lean manufacturing Quality assurance
capital is becoming a major currency of modern commerce – Definition: The value of a firm’s network of relationships with its customers‚ suppliers‚ alliance partners‚ and internal sub-units • Companies are beginning to manage relationships‚ not just physical assets and intellectual property 2 Introduction • “Shrinking Core‚ Expanding Periphery” – As organizational boundaries are extended‚ organizational centers are shrinking • Companies are outsourcing more activities • Increase in partnerships
Premium Sales Consultative selling Customer service
Q1. Explain in brief the origins of Just In Time. Explain the different types of wastes that can be eliminated using JIT Ans. Just in Time (JIT) is a management philosophy aimed at eliminating waste and continuously improving quality. Credit for developing JIT as a management strategy goes to Toyota. Toyota JIT manufacturing started in the aftermath of World War II. Although the history of JIT traces back to Henry Ford who applied Just in Time principles to manage inventory in the Ford Automobile
Premium World War II Lean manufacturing Japan
Just in time (JIT) is a production strategy that strives to improve a business return on investment by reducing in-processinventory and associated carrying costs. Just-in-time production method is also called the Toyota Production System. To meet JIT objectives‚ the process relies on signals or Kanban (看板 Kanban?) between different points in the process‚ which tell production when to make the next part. Kanban are usually ’tickets ’ but can be simple visual signals‚ such as the presence or absence
Premium Kanban Lean manufacturing Toyota Production System
c M t y - B a s e d Costing (ABC)‚ Just-in-Time (JIT)‚ T otal Quality M anagement (TQM)‚ a nd Quality Costs b I . .ITY-BASED COSTING Many companies use a traditional cost system such as job-order costing or process costing‚ or some hybrid of t he two. Using the traditional methods of assigning overhead costs to products using a single predetermined overhead rate based on any single activity measure can produce distorted product costs. The growth in the automation of manufacturing
Premium Costs Cost Cost accounting
the quality of service‚ timeliness‚ service consistency and courtesy. 2. Utilizing Multifunction Workers – Assist with improving quality and customer service. 3. Reduced Turn Around time – The competition is steady among companies that provide services‚ so a company that uses JIT concepts reduces the turnaround time and increase their
Premium Problem solving Customer service Time
fluctuations in the demand of pasta industry and distribution centres kept high inventory because of that reason (they were increasing inventory of items they already stocked and added items they currently did not carry). There was also a stockouts issue that strain Barillas’s manufacturing and logistics operations. The main reason for such fluctuations was the so-called bullwhip effect‚ which is an observed phenomenon in forecast-driven distribution channels where there is variability up the supply
Premium Inventory Supply chain Supply and demand
Name: ABDELRAHIM Abdelrahim Barilla’s Key Success Factors Barilla was founded in 1870. Barilla sells Pasta‚ Sauce and biscuits all over the world Barilla started with a small bakery Barilla made pasta with eggs Retain good management: - Since Barilla was created it is governed by a family. - Barilla left the artisanal zone and entered the industrial domain in 1910. - In terms of quality‚ Barilla’s pasta is with eggs - The family leaves a marge of liberty for the managers but main
Premium Marketing Customer service Food