Just In Time

Essay specific features

 

Issue:

Business

 

Written by:

Jessica W

 

Date added:

February 15, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 1973

 

Was viewed:

7128 times

 

Rating of current essay:

 
Essay content:

A flexible production system such as Just in time must be in place in order to meet these requirements and stay competitive in the business. Table 1 and Table 2 shown below explain how Just in time can provide different forms of competitive advantage and how Just in time can support the company strategies...
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There are eight types of wastes in production and service operation: 1. Waste of over-production ? Producing more, sooner or faster than what is needed by the next process. It will cause all kind of wastes, excess inventory, cash flow restricted due to money tied up in inventory, excess storage space, unnecessary handling cost by workers and equipment...
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