--%>
Assignment Help - homework help

Impact of JIT on business

JIT has an impact on businesses which are focused on production, discuss fully the positives and negatives associated with this methodology.

E

Expert

Verified

Just in Time (JIT) can be defined as a fabrication and stock control method in which resources are bought and goods are manufactured only as required to satisfy authentic purchaser demand.

• Positive aspects:

1. Finances that were used in stocks previously can be employed somewhere else.
2. Locations earlier utilized to stock up stock can be brought to play for some other more fruitful uses.
3. Decrease in imperfection rates, leading to lower dissipate and higher purchaser contentment.

• Negative aspects:

1. Executing systematic JIT processes can embrace a key revamping of the business systems–and might be complicated and costly to commence.

   Related Questions in Biology

  • Q : Delimited nucleus How are cells with

    How are cells with delimited nucleus termed? What are the major elements of the nucleus?

    		•
  • Q : Describe Product Line Product Line : It

    Product Line: It termed as a number of products which are related and developed through similar manufacturer. These are not to be confused with product bundling that combines different items in one kind of product. Items inside a product line normally

    		•
  • Q : Measurement of Gaseous composition of

    Measurement of Gaseous composition of human breath: Breath analysis is a potential innovative field of medicine as well as medical instrumentation, which tenders noninvasive, real-time, as well as point-of-care (POC) disease diagnostics and monitor of

    		•
  • Q : Nature of stimulus received and

    What is the nature of stimulus received and transmitted by neurons?

    		•
  • Q : Difference between animal and bacterial

    Concerning the existence of nucleus what is the basic difference among animal and bacterial cells?

    		•
  • Q : Explain type second hypersensitivity

    Explain the term type II hypersensitivity in short?

    		•
  • Q : Which target organs are neurohypophysis

    Which are the target organs and tissues of the neurohypophysis? Answer: The target organs of oxytocin are the uterus and mammary glands. And the target organs of ADH

    		•
  • Q : Explain Data Center Operations Data

    Data Center Operations: It support a holistic approach to data center operations that pulls from best practices gained from Information Technology Infrastructure Library (abbreviated as ITIL) framework for service operations. The approach judges seven

    		•
  • Q : What is Product Development Plan in Six

    Product Development Plan: Six sigma can be used by the organization all over the world for product development. Product development methodology can be tweaked in a manner in which the process of development becomes efficient from the start. This is ho

    		•
  • Q : Definition of Communication -

    Communication is a nature instinct of all living creatures. It is the basic need of all human beings. It plays all the more significant role in the present day organizations which are complex, dynamic and socially oriented. Effective communication keeps the organization vibrant, vital and smooth

    		•