Explain the four (4) importance of just-in-time and lean production in the sustainable supply chain. (25 Marks)

Fantastic news! We've Found the answer you've been seeking!

Question:

Explain the four (4) importance of just-in-time and lean production in the sustainable supply chain.

(25 Marks)

Posted Date: May 19, 2024 10:07 AM

See More Questions

Why does the cost to load in an unconstrained system is lower compared to contrained with N - 1 Contingency in PLEXOS Modelling? What are the factors that affect the increase in cost to load during...
The mean radius of the Earth is 6.37 x 106 m, and that of the Moon is 1.74 x 108 cm. From these data calculate (a) The ratio of the Earths surface area to that of the Moon and (b) The ratio of the...
Suppose that for a very large shipment of integrated-circuit chips, the probability of failure for any one chip is 0.10. Assuming that the assumptions underlying the binomial distributions are met,...
Joint product costing A plastics manufacturer produces three grades of bulk plastic in a joint production process. Total joint costs are $66,000. Each of the products requires some process- ing...
Weimar Company's income statement information follows. The average number of shares outstanding was 7,800 for 2011 and 6,900 for 2010. Required Compute the following ratios for Weimar for 2011 and...
What is the level-equivalent income for the following income stream if the discount rate is10%? YearIncome 1 $250,000 2 $250,000 3 $275,000 4 $250,000 5 $250,000 6 $275,000 Hint: First Solve for NPV
Compute the given integral by first identifying the integral as the volume of a solid. 49 - x - y2 dA, where D is the disk x + y < 49.
You are required to note down on a weekly basis the activities that you personally engaged in , the lessons learned and the challenges you faced in relation to some of the topics below - Managing an...
Conceptual Example 4-13 depicts the following scenario with the accompanying figure. Two cats are sitting side-by-side on a fence when they're startled by a dog. The cats jump off the fence with...
The following information is provided for FairDeal furniture ltd.The information will be used to determine the total cost incurred for Job-FD800 which entailed production of sofa sets.The company has...
Personal action plan based on skills you learned in this course and in the MBA program. Your response should address the following: Identify twokey skills from this coursethat you will apply in your...
List and explain 3 Leader characteristics. Offer an example of each. Discuss the difference between the autocratic and democratic behavior approach.
Suppose a 10-year, $1,000 bond with a coupon rate of 8.0% and semiannual coupons is trading for $1,034.74. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)?...
Determine the optimal use of Applichem's plant capacity using the Solver in Excel.
Use your graph to find a route that the principal can take beginning at the Front Office in room \(A\), visiting each room exactly once (without passing by another room), and ending at room \(F\),...
Mellon Bank is a large bank holding company. Selected accounts from the companys 2004 annual report are as follows (in millions):9 Cash and Due from Banks $2,775 Securities Available for Sale $13,376...
You have been promoted recently and now have access to the firms monthly financial statements. Business is good. Revenues are increasing rapidly, and income is at an all-time high. The balance sheet...