PRODUCTION & OPERATIONS MANAGEMENT MB0044 SET I 1. Explain in brief the origins of Just in Time. Explain the different types of wastes that can be eliminated using JIT. Just-in-Time (JIT) is a production strategy that strives to improve a business’ return on investment by reducing in-process inventory 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 between different
Premium Philips
Hydroponic Vegetable Production By CYF Hydroponics has often been thought of as the future of growing‚ what many people do not realize is that the concept has been around for a very long time and already has been applied to agriculture. Hydroponics is not just for flowers; in fact with its growing popularity in the past decade hydroponics has begun to be used for commercial vegetable production around the world. It is attracting to farmers because it presents them with a way
Premium Hydroponics Soil
Sustainable Food Production and Consumption Agenda for Action Current methods of food production and consumption are imposing a severe burden on the environment and the constituent natural resources. New production and processing methods driven by biotechnology (genetically modified organisms (GMOs)‚ hormones and other growth promoters) affect food safety. Are alternative more sustainable patterns of food production and consumption feasible? The paper examines some consumer initiatives in Asia
Premium Food Food industry Food processing
Capstone Course Cigarette Production and CSR 10.12.12 For the capstone course we are supposed to do research which consists of research proposal‚ research diary and final report‚ which should include finally all the facts‚ knowledge of research question‚ final report is the result of the project. I was always interested in cigarette industry‚ I mean how do cigarette corporations like Philip Morris or British American Tobacco‚ for instance
Premium Tobacco Cigarette Nicotine
In the 1920’s the production industry was on the rise‚ growing at an exponential rate. Business was booming and there were numerous new inventions to help production move faster and cheaper than ever before. One of the better known of these was the introduction of the assembly line by Henry Ford. The line and it’s simple car design allowed him to build a car so fast and so cheap that none of his competitors prices could even compete. Someone once said he could build a car for everyone. Many industries
Premium Assembly line Henry Ford Mass production
FUNCTIONS OF MANAGEMENT Planning It is the basic function of management. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. According to KOONTZ‚ “Planning is deciding in advance - what to do‚ when to do & how to do. It bridges the gap from where we are & where we want to be”. A plan is a future course of actions. It is an exercise in problem solving & decision making. Planning
Premium Management Personality psychology
social factors are impacting upon the business activities for the same organisation used in P5 and their stakeholders and another contrasting organisations. And also Evaluate how future changes in economic‚ political‚ legal and social factors‚ may impact on the strategy of the specified organisation. P6‚M3‚D2 To do this‚ simply describe some of the important changes that are taking placing using appropriate facts and figures. You only need to examine the Political‚ Legal and Social factors affecting
Premium Tesco Factor analysis Tesco Bank
PRODUCTION PLANNING AND CONTROL-PPC notes 1 of 133 http://www.scribd.com/doc/7372471/PRODUCTION-PLANNING-A... Upload Log In Sign Up Explore Documents Books - FictionBooks - Non-fictionHealth & MedicineBrochures/CatalogsGovernment DocsHow-To Guides/ManualsMagazines /NewspapersRecipes/MenusSchool Work+ all categories RecentFeatured People AuthorsStudentsResearchersPublishersGovernment & NonprofitsBusinessesMusiciansArtists & DesignersTeachers+ all categories Most FollowedPopular
Premium Trigraph The Work Material
National Institute of Technology Calicut Department of Mechanical Engineering PRODUCTION PLANNING (AGGREGATE PLANNING) § § § § Concerned with the overall operations of an organisation over a specified time horizon Determines the efficient way of responding (allocating resources) to market conditions Effectively allocate system capacity (plant‚ equipment‚ and manpower) over designated period A good production plan should Ø be consistent with organisational policy Ø meet demand requirements Ø
Premium Planning Project management
Design of Production Systems W H AT D O E S P R O D U C T A N D S E R V I C E D E S I G N D O ? 1. Translate customer wants and needs into product and service requirements. (marketing) 2. Refine existing products and services. (marketing) 3. Develop new products and/or services. (marketing‚ operations) 4. Formulate quality goals. (quality assurance‚ operations) 5. Formulate cost target. (accounting) 6. Construct and test prototypes. (marketing‚ operations) 7. Document specifications
Premium