1. Your manufacturing company is facing intense competition from firms that have already adopted such operational techniques as demand-based management and JIT systems. Before implementing those programs at your company, the CEO has asked you to write a "white paper" covering the following specific topics:

How do JIT demand-based systems differ from forecast driven systems? What are the major pros and cons of JIT and lean manufacturing systems? What do they have to do with non-value added or wasted activities? What will be the major challenges of implementing JIT systems?

2. Difference between JIT demand-based system and forecast driven system: