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Ripple Effect that May Cause Issues Related to Inventory

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As we know read, there is a ripple effect that may cause issues related to inventory, invalidating the JIT benefits.

How might lead times be affected by JIT? How might JIT affect CP (Ciritical Path) analysis?

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The solution discusses the ripple effect that may cause issues related to inventory, invalidating the JIT benefits.

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JUST-IN-TIME, LEAD TIME, AND CRITICAL PATH ANALYSES

Just-in-time and lead time are concepts in relation to inventory control management. The main objective is to maintain a level of inventory that would cope with production as well as demand requirements, in the most efficient or economical manner. Critical path analysis has something to do with the production period such that it is the longest and most critical path that needs to be monitored closely because any delay in each step along the path would delay the completion of the whole project or the batch of outputs that need to be produced.
Just-in-time and lead time
Just-in-time is an inventory control that reduces inventories to a minimum by arranging for them to be delivered to the production ...

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Elisa Valdez, PhD
Education
  • Bachelor of Science in Business Administration, University of the Philippines
  • Master in Business Administration, Saint Mary's University
  • Doctor of Philosophy in Education, University of the Philippines
  • Doctor in Business Adminstration (IP), Polytechnic University of the Philippines
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