JIT
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1. Discuss your thoughts about the concept of "Just-In-Time Manufacturing" and what makes it possible in today's production environment.
2. Describe your understanding of the term "Quality is Free". Identify several elements of the "Cost of Quality" and how they are either "good" or "bad" costs.
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Solution Summary
Operations Managment: Discuss JIT (just in time); describe elements of cost of quality
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Just in time is a revolutionary concept in inventory management and supply chain that allows organizations to operate with minimal levels of inventory for significantly reducing cost of production. In today's world, the implementation of just in time ...
Education
- BCom, SGTB Khalsa College, University of Delhi
- MBA, Rochester Institute of Technology
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