Processes and Supply Chains‚ 10/E: Krajewski‚ Ritzman & Malhotra‚ 3 options: 1. Hardbound text (ISBN 9780132807395) 2. Binder-ready text (ISBN 9780132807470) 3. Electronic text (ISBN 9780132807463) Learning to See: Rother and Shook‚ The Lean Enterprise Institute‚ (ISBN 0-9667843-0-8). Book available through the OSU bookstore; must ask an associate for a copy. ------------------------------------------------- COURSE OBJECTIVES Many firms have demonstrated that operations management
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‘Heijunka’ means leveling production to meet fluctuating demands without holding excess inventory . Japanese technique of achieving even output flow by coordinated sequencing of very small production batches throughout the manufacturing line in a lean production or just in time (JIT) system. An example with respect to how it applies to MONET is the creation of smaller batch sizes that are brought over from prep & fire assay. 5. What is muda and what are the different type listed? What
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Chapter 12 Q1-18 not 2.6.12 pg496 1. Raw Material inventory‚ work in process inventory‚ maintenance/repair/operating supply (MRO) inventory‚ and finished goods inventory 3. Better forecasting‚ physical control‚ supplier reliability can result from appropriate inventory management policies abc guides development of those policies‚ idea is to establish policies that focuses resources on few critical inventory parts and not the many trivial ones222 4. Holding costs‚ ordering costs‚ setup costs
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its process so that it could introduce new models faster than its competitors. They’re known for their Toyota Production System (TPS) which other vehicular companies were trying to mimic. This TPS is the main reason why there’s Just-In-Time (JIT) and Lean Manufacturing system in the manufacturing industry today. Toyota used these two manufacturing methods to gain competitive advantage over competitors. In JIT‚ Toyota build vehicles based on immediate market demands rather than anticipation on future
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long-run Overall demand for delivery-only is fairly constant throughout the year - absorb any schedule changes demand for delivery-only fairly constant Overall More inventory/ capacity slack dueis to a lean systemthroughout the year - absorb any schedule changes More inventory/ capacity slack due to a lean system Collaborating with reliable suppliers Collaborating Better quality with reliable suppliers Better quality More future customers More future customers Question 2. What‚ if any‚ are the
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Just-in-Time Inventory System Xingyu Wang ACCT-518 Kettering University Just-In-Time Inventory System Due to the changing economic flows that are happening around the globe‚ management is certainly looking for a way that their business can adopt to it. Customer preferences is not the only determining factor that management consider nowadays‚ but also the development that caused by climate change and the increasing cost of raw materials. These factors urge managers to look for a better way of managing
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Supply Chain-Operations Management JCT2 TASK 1 MBA 9/1/2014 Part A Cumulative Balanced Scorecard ending with Quarter 4 Income Statement showing Quarters 1-4 Balance Sheet showing Quarters 1-4 Part B B1: Evaluate how you utilized budgets and pro-format statements to plan funding of the production capacity you needed to achieve your business goals. At the end of the first quarter I had a net income of $-338‚500.00‚ which was not a huge surprise given that
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15 13.4. Engine construction….15 13.5. Assembly line and Assembly plant….16 13.6. Logistics….16 13.7. Quality check….16 14. Capacity planning in the plant….16 15. Inventory management in this plant….17 16. ERP application in the plant….17 17. Lean manufacturing and JIT in the BMW production….17 18. Sustainable operations at BMW plant….18 19. Problems faced by the BMW group and the gaps in the design of operation in this plant….18 20. Recommendations…..18 21. Conclusion….20 22. References…
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2011 Planning & Assessing RX 330 Productions for Toyota North America Team Charlie Oscar Oscar Lima AMBA 640‚ Section 9044 8/9/2011 Section I II III Executive summary Introduction Exercise 1: Toyota Production System (TPS) today TPS term definitions & practical examples IV Exercise 1: TPS as a total entity Advantages Limitations Evolution TPS use among other companies V Exercise 2: Grid analysis (Weighted scoring model) Exogenous factors & assumptions Endogenous factors &
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Kaizen Costing A Report Kaizen Costing The ultimate objective of manufacturing industries today is to increase productivity through system simplification‚ organizational potential and incremental improvements by using modern techniques like Kaizen. Most of the manufacturing industries are currently encountering a necessity to respond to rapidly changing customer needs‚ desires and tastes. For industries‚ to remain competitive and retain market share in this global market‚ continuous improvement
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