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As indicated in the 5th step of the thinking process, TOC is about continuous improvement. Once one bottleneck has been identified and overcome, another constraint will become a bottleneck to the system. Identify the constraint Don't stop now Find us constrain Exploit the constraint Theory of Constraints (continuous process) Elevate The constan Subordinate everything else to the constraint Operating Efficiency 14% of exam (10/70 Questions) Covered in Module 13 Just-in-time production (JIT) is used by many organizations throughout the world, including GM, Apple, and IBM. The basic techniques underlying JIT have evolved into the concept known as lean systems, which was conceptualized by Womack and Jones (1990). It is reasonable to argue the development of JIT and lean stand on the shoulders of the Toyota Production System and the work of Henry Ford in the early years of the Ford Motor Company. Today, JIT and lean systems are being implemented through the entire supply chain, making these techniques powerful tools for cutting costs, reducing time, and improving quality. Fundamental Concepts of Just-in-Time (JIT) Objective: Given a list of lean systems (e.g., JIT, TPS), the student identifies how their application can simplify a company's operations. Just-in-time (JIT): manufacturing methodology aimed primarily at reducing flow times within production systems as well as response times from suppliers and to customers by receiving ordering and receiving inventory when ready for use or just in time for use. Fundamental Concepts of JIT include: (JIT is about receiving inventory ONLY when it's NEEDED. But JIT is about ELIMINATING WASTE) JIT allows materials to flow in an assembly process similar to a continuous flow process Uses general purpose machinery (allows manufacturing facility to be flexible) 1. In the nation of Utopinia, a revolution is taking place. Before the start of the revolution, Mr. Jones is the premier of the nation on Nov. 5. The angry mobs surround his palace in anticipation of arrival of three great leaders, Old Major, Napoleon and Snowball; who are to reach the palace of the premier on Nov. 6, 7 and 8th, respectively. On arrival, a leader can direct the bloodthirsty mob to lynch the exiting premier and become the premier of the nation himself. However a leader can also pacify the angry mob and thereby extend his support for the existing premier. Once the mob is pacified, the revolution stops and subsequently, all leaders cancel their trips to the capital. Each leader wants to remain alive. Moreover, he values the premiership of the nation more than being just alive. a. Is this a sequential game or a one shot game? b. Identify the players in this game. C. State the strategies available to any one of the players