Question: JIT1: Describe a JIT (Lean)-Based Operating System Philosophy. Insert your answer here. JIT2: For an industry you are interested in, select a specific firm, and

JIT1: Describe a JIT (Lean)-Based Operating
JIT1: Describe a JIT (Lean)-Based Operating System Philosophy. Insert your answer here. JIT2: For an industry you are interested in, select a specific firm, and identify how you would implement a lean philosophy in managing its primary operating system. 1. Industry: 2. Specific Firm: 3. Implementation of Lean Philosophy: JIT3: Describe how the classical EOQ relationship between inventory carrying and ordering cost works under a lean philosophy, so that the correct answer to optimal Q becomes one or the minimum needed. Insert your answer here. JIT4: For an industry you are interested in, select a specific firm, and describe specifically, how using the same example you used in the MRP1 question, using a lean philosophy (Chapter 16) in managing its primary operating system would differ from using an MRP philosophy (Chapter 15). 1. Industry: 2. Specific Firm 3. Example Using MRP: 4. Example Using Lean/JIT: 5. How they are different JITS: Discuss 1) similarities and 2) differences between lean and MRP production systems in terms of operating systems philosophies. 1. Similarities: 2. Differences

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