just-in-time inventory system. Overview Just-in-time inventory system was first introduced and tested in Japan by Taiichi Ohno‚ who is referred as the father of JIT system‚ during the 1970s. JIT was perfectly applied in Toyotas manufacturing system of delivering products with minimal delays (Cheng and Podolsky‚ p3). In Toyotas application‚ JIT focused on three important aspects of the production process namely the people‚ plants‚ and system. The system acknowledges the importance of having committed
Premium Lean manufacturing Manufacturing Fast food
Study Questions Using MIS 3e Chapter 7 Business Process Management David Kroenke Q1 Why is business process management important to organizations? Q2 Q3 Q4 Q5 Q6 Q7 Q8 How do organizations solve process problems? What role do information systems play in business processes? What are the most common functional applications used today? What are the problems with functional information systems? What are the functions and characteristics of customer relationship management (CRM) information
Premium Enterprise resource planning Business process modeling Process management
Question 1 Yes. JIT concepts and practices is conducive to be apply in Copper Kettle Catering because: 1. The company objective is in line with the JIT concepts JIT can be define as aims to meet demand instantaneously with perfect quality and reduce waste. Meanwhile the company objective as mention in the case study‚ their competitive priorities are high-quality food‚ delivery reliability‚ flexibility and cost. 2. Current practice is similar to JIT concept but need to be improve The company
Premium Material Materials Supply chain management terms
Blackstone Jr.‚ J.H.‚ Cox‚ J.F.‚ 2005. APICS Dictionary‚ 11th ed. APICS: The Association for Operations Management. IBM COPICS Manual‚ 1972. IBM‚ White Plains‚ NY. IBM CIM Architecture‚ 1989. IBM‚ White Plains‚ NY. Landvater‚ D.V.‚ Gray‚ C.D.‚ 1989. MRP II Standard System: A Handbook for Manufacturing Software Survival. John Wiley & Sons‚ New York. McVaney‚ E.‚ 2005. Interview conducted by F.C. Weston‚ Jr.‚ September 23‚ 2005. Miller‚ J.G.‚ Sprague‚ L.G.‚ 1975. Behind the Growth in Material Requirements
Premium Enterprise resource planning
Working knowledge and or proficiency in the following: * MRP * JIT * ISO9000 * ISO14001 • CostPoint - project management software package by Deltek * Microsoft Office including Word‚ Excel‚ PowerPoint * Financial Reports * Secret Clearance EducationCentral Florida University Orlando‚ FL
Premium Management Project management Construction
and just-in-time system known as JIT II. Executive Summary: This report provides an analysis and evaluation of the current and future status of the Bose Corporation supply management system. This report finds that‚ behind the success of their recent technological advancements (EDI and JIT II systems)‚ the Bose Corporation is currently trending in a very positive upward direction. Recommendations discussed include: the furthering implementation of both the EDI and JIT II systems domestically and internationally
Premium Supply chain management Management Supply chain
1. Why is Personal Selling important to the economy? Ans: Personal selling is where businesses use people to sell the product after meeting face-to-face with the customer. Personal selling is flexible and has many characteristics. For instance‚ the sales person can answer and overcome objection and focus on points of customer interests. Also‚ it builds relationships in the form of ensuring that buyers receive the appropriate service. Moreover‚ direct feedback‚ in this form of communication‚ the
Premium Sales
Examination Paper of Enterprise Resource Planning Professional IIBM Institute of Business Management Examination Paper MM.100 Enterprise Resource Planning Professional Guidelines for paper Total No. of Questions is 100. The minimum passing marks is 40%. Each Question carries 1 mark. Answer all the Questions. Answer is in bold letter Multiple Choices: 1. Enterprise resource planning is_______ a) Computer System b) Manufacturing Organization c) Method of effective planning of all
Premium Enterprise resource planning Supply chain management Management
Integrated Case 6-21 Morton Handley & Company Interest Rate Determination Maria Juarez is a professional tennis player‚ and your firm manages her money. She has asked you to give her information about what determines the level of various interest rates. Your boss has prepared some questions for you to consider. A. What are the four most fundamental factors that affect the cost of money‚ or the general level of interest rates‚ in the economy? Answer: [Show S6-1 and S6-2 here.] The four most
Premium Interest Interest rate Inflation
Lean Operations Lean is a philosophy of manufacturing that emphasizes the minimization of the amount of all resources (including time) used in operations of the company. Operations processes are considered to be Lean when they are very efficient and have few wasted resources. The elimination of WASTE is actually the defining principle of Lean. By eliminating waste of all sorts in the system‚ the lean approach lowers labour‚ materials‚ and energy costs of production. Lean also emphasizes building
Premium Lean manufacturing Kanban Toyota Production System