Pg1Pg1 JUST IN TIME PRODUCTION JUST IN TIME PRODUCTION A PROJECT REPORT Under the guidance of Mr. Deepak Dhuri & Rajesh Gujrathi Submitted by SANJAY KUMAR JHA (Registration No: 510916614)
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Robert Guillaume The Rough Ride of a Smooth Actor Mark Miller Actor Robert Guillaume is a man without regrets. Well‚ maybe one. "I always wanted to be able to play the piano & never succeeded. I was a total bust. I had an inability to practice‚ and when I did practice‚ no amount of practice made me play better or sound better. And I blame the Catholic Church for screwing up my sense of music." The Catholic Church? But isn’t the Church known for its music? Guillaume elaborates.
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Which of the following is NOT among the underpinnings of the JIT approach? Zero inventories Which of the following is NOT a principles reason for holding FINISHED GOODS inventory? Prevention of production shutdown. Which of the following applies to the "value of service" pricing model? The model only considers the supply side of the transport pricing function. Which does NOT belong as a legal freight document? Routing guide Which applies when rates are based upon the "cost of service"? The
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made to meet the sales demand. Since the manufacturing often produces more than one variation of an item and many times the products are customized and this makes this forecasting process extremely complex. What are the major pros and cons of JIT and lean manufacturing systems? What do they have to do with nonvalue added or wasted activities? There are major pros and cons of the JIT system. One pro is Reduced Inventory costs. JIT manufacturing reduces company inventory costs because inventory is acquired
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Just-in-time Simulation Abilla‚ Pete. "Just In Time Inventory: Modeling The Impact of Variability with Monte Carlo Simulation." Shmula. Shmula‚ n.d. Web. 01 Mar. 2014. <http://www.shmula.com/just-in-time-inventory-variability-monte-carlo-simulation/9406/>. This website offers a good simulation of Just-in-time inventory controls and offers a Monte Carlo Simulator to show how just-in-time systems can work. Videos Saffold‚ Laura. "JIT (Just in Time Manufacturing)." YouTube. YouTube‚ 16 Oct. 2011.
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In this paper‚ we tried to present an overview on the Just In Time practices and how it originated and what it involves from goals and objectives; that would make organizations all over the world apply the concept while aiming at enhancing it’s production‚ minimizing costs and thus generating more revenues. We also tackled Toyota- Car Manufacturing Company as a case study for being one of the very first manufacturers who gave up old traditional manufacturing practices and started implementing JIT
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heighten awareness and give whole new perspectives on identifying waste and therefore the unexploited opportunities associated with reducing waste. Muda has been given much greater attention as waste than the other two which means that whilst many Lean practitioners have learned to see muda they fail to see in the same prominence the wastes of mura (unevenness) and muri (overburden). Thus whilst they are focused on getting their process under control they do not give enough time to process improvement
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Toyota Production System (TPS) Toyota Production System The practical expression of Toyota’s people and customer-oriented philosophy is known as the Toyota Production System (TPS). This is not a rigid company-imposed procedure but a set of principles that have been proven in day-to-day practice over many years. Many of these ideas have been adopted and imitated all over the world. TPS has three desired outcomes: * To provide the customer with the highest quality vehicles‚ at lowest possible cost
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without adding value‚ such as moving and storing. Just-in-time (JIT) is a management philosophy that strives to eliminate sources of such manufacturing waste by producing the right part in the right place at the right time. Features JIT (also known as lean production or stockless production) should improve profits and return on investment by reducing inventory levels (increasing the inventory turnover rate)‚ reducing variability‚ improving product quality‚ reducing production and delivery lead times
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References: Galuszka‚ P. (1999). Just-In-Time Manufacturing is Workign Overtime. Retrieved February 23‚ 2005‚ from http://www.businessweek.com/1999/99_45/b3654139.htm Jergen‚ A. (2002). Lean Manufacturing and Just-In-Time Concepts Reap Significant Cost Savings - Michigan Study Finds. Retrieved February 12‚ 2005‚ from http://www.finarticles.com/p/ Makely‚ W. (1998). Revlon Replaces on Hand Inventory with Just-In-Time Manufacturing and Packaging
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