Why is a JIT/Lean production line-stop considered a positive phenomenon?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
JITLeans perceived weakness not having buffer stocks available tu...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Quality Management for Organizational Excellence Introduction to Total Quality
ISBN: 978-0133791853
8th edition
Authors: David L. Goetsch, Stanley Davis
Question Posted:
Students also viewed these Management Leadership questions
-
1. Explain why departmental overhead rates might be used instead of a single plantwide overhead rate. 2. Using activity- based costing, why are indirect costs allocated while direct costs are not...
-
A number of terms are listed below: Backflush costing.......... Carrying costs Economic order quantity....... Enterprise resource planning (ERP) Inventory management....... Just-in-time (JIT)...
-
Read one of the following JIT/lean production cases and summarize it: (L07) a. www.leanadvisor5.com/index.php/impact2/results_full/lean_aerospace_implementation _ at_messier_dowty b....
-
A utilization greater than one suggests that the mean service time is higher than the mean inter-arrival time. True False QUESTION 3 It costs five times more money to retain a current customer than...
-
Use the sign test to test the hypothesis that the assessed value has changed between 2006 and 2010. Use = 0.05. Do you think land values in a large city would be normally distributed? Ward A B C D E...
-
Rollins College is contemplating opening a European campus where students from the main campus could go to take courses for 1 of the 4 college years. At the moment, it is considering five countries:...
-
A home supplies company decides to produce a reusable moisture absorber product for removing the water content in air in an enclosed space. A reduction in humidity is expected to help inhibit the...
-
(Leverage analysis) You have developed the following income statement for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Your supervisor in the...
-
2 Pharoah Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 2025. 1. Purchased a 1-year insurance policy on June 1 for $2,880 cash. 2....
-
A firm must decide between constructing a new facility or renting a comparable office space. There are two random outcomes for acquiring space, as shown in Figure PI 2-25. Each would accommodate the...
-
Explain the difference between the traditional production system and JIT/Lean in terms of placement of production control.
-
Explain how inventory can deter problem solving.
-
Solve the linear system given explicitly or by its augmented matrix. Show details.
-
When an HTTP server initiates a close() at its end of a connection, it must then wait in TCP state FIN_WAIT_2 for the client to close the other end. What mechanism within the TCP protocol could help...
-
Given two first-order AR processes, generated by the same zero-mean white noise with unit variance, whose respective poles are located at \(z=0.8\) and \(z=-0.8\), generate a new process by adding...
-
In 1982 the inflation rate hit 16\%. Suppose that the average cost of a textbook in 1982 was \(\$ 15\). What was the expected cost in the year 2017 if we project this rate of inflation on the cost?...
-
Let us consider the case where a vector \(\{\mathbf{X}(n)\}\) represents an \(M \times 1\) WSS process, and that \[Y_{i}(n)=W_{i}(n) X_{i}(n)\] for \(i=0,1, \ldots, M-1\). Show that...
-
Design a program that generates a 7-digit lottery number. The program should have an Integer array with 7 elements. Write a loop that steps through the array, randomly generating a number in the...
-
On December 31, 2023, Zippy Car Companys Allowance for Doubtful Accounts had an unadjusted credit balance of $42,000. The accountant for Zippy has prepared a schedule of the December 31, 2023,...
-
As of January 1, 2018, Room Designs, Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earnings. These were the only accounts with balances in the ledger on January...
-
Johnson Marine manufactures marine radios in three models-the 1600 model for the small boat enthusiast who will not venture far from shore, and the 2400 and 3600 models for the those with the need...
-
Lenngton Furniture, Inc. (LFI) manufactures bedroom furniture in sets (a set includes a dresser, two queen-size beds, and one bedside table) for use in motels and hotels. LFI has three customer...
-
Hoover Company uses activity-based costing and provides this information: Manufacturing Activity Cost Driver Overhead Rate Materials handling Number of parts $0.45 Machinery Number of machine-hours...
-
A helium-filled balloon, whose envelope has a mass of 0.29 kg, is tied to a 3.8-m long, 0.054-kg string. The balloon is spherical with a radius of 0.40 m. When released, it lifts a length h of the...
-
A potato is launched out of a building (building A) from the 10th floor which is 15 m high, with a velocity of 55 m/s at an angle of 35.0 above the horizontal. There is a building (building 2) 130 m...
-
Because of its high dielectric strength, SF6 (sulfur hexafluo-ride) gas is widely used as an insulator and a dielectric in HV applications such as HV transform-ers, switches, circuit breakers,...
Study smarter with the SolutionInn App