Just-in-time (JIT) is a management philosophy that aimed to eliminate manufacturing wastes by producing only the right amount and combination of parts at the right place at the right time. It is also that JIT enforces ‘Continuous Improvement’ by continual reduction of non-value-added inventory stocks to lower and then further lower levels. It is based on the fact that the wastes result from any activity that adds cost without adding value to the product, such as transferring inventories from one
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Matching Supply with Demand: An Introduction to Operations Management 2nd Edition Questions for Chapter 10 Last updated 10/8/08 Copyright Gerard Cachon and Christian Terwiesch: Instructors adopting our text are free to use these questions. QUESTIONS WITH EMBEDDED ANSWERS Which of the following statements about the Kanban System are accurate? I. Deploying the Kanban system leads to pulling work through the system instead of pushing work. II. Deploying the
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Lean Manufacturing Assignment-2 By: Yuganshu Jain (2012ABPS695P) Background of The Company: Mahindra & Mahindra Group is one of the prestigious automobile manufacturing organizations in India. With the dual objective of industrial and agriculture growth, Mahindra & Mahindra was established in 1970. Mahindra & Mahindra, is India’s first large-scale project based company with a totally indigenous design, know-how and technology. Mahindra & Mahindra is a leading manufacturing organization manufacturing
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of Versatile Buildings I saw the benefits of a lean environment especially in the pull system. Versatile Buildings is a company that specializes in building custom garages, houses, farm buildings, and storage sheds. The raw materials used for these specialized buildings are mostly timber and steel. Versatile Buildings used to have a lot of inventory, tangled product flow and long manufacturing lead times. However this was before they converted to a lean environment and improved the efficiency of their
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Week 1 * For which key organizational functions are tasks and responsibilities identified for all the steps of the generic product development process? marketing, design, manufacturing, other * A service process design flowchart is referred to as a service blueprint to emphasize what? The importance of process design * If an automotive service center has an issue with a car not being clean when returned to a customer, the poka-yoke corrective action might include what? An inspection
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Executive Summary The Lean implementation methodology (Lean) has its roots in manufacturing and particularly the automotive sector through the Toyota Production System. Over the last decade, Lean has expanded beyond manufacturing to become an improvement methodology firstly in the service sector and more recently in public sector organisations looking to improve efficiency and customer value. It is within this context that AtoZ Business Consultancy undertook an analysis of Lean implementations across
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November 10, 2013 JCT Task 1 B1 Pro-forma statements is a financial statement showing the forecast or projected operating results and balance sheet, as in pro forma income statements, balance sheets, and statements of cash flows. I did not use pro-forma statements in the beginning and it became nearly impossible to calculate my future expenses. If I had used the pro-forma
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Toyota Motors Manufacturing 1. As Doug Friesen, what would you do to address the problem? Where would you focusyour attention and solution efforts? A. If I were in Doug Friesen’s shoes, I would address seat problems. Currently, production level is decreasing due to seat problems; as a result, it leads to the increase of over-time works and lead-time. The major problem discussed in the case is improper seat quality management in KFS. According to Exhibit 7, most of the seat problems consisted
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STATEMENT OF PURPOSE I am XXXXX, a production engineering graduate from University of Peradeniya, Sri Lanka, aiming for graduate studies in the US who foresee myself as a top class specialist in the field of manufacturing systems which is my final goal. My education in Production Engineering was an eye-opener to say the least. When I secured admission to one of the most competitive and rigorous engineering programs in Sri Lanka, I had a structured view of what I might do here. But I found Production
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BUIILDING DEEP SUPPLIER RELATIONSHIP This paper highlighted how Japanese car manufacturing company namely Toyota and Honda build an important relationship with their suppliers and gain competitive advantage from their suppliers. Currently, businesses are trying to have better quality of their product, develop new processes and products faster than their competitors while reducing cost that force them to rely heavily on their suppliers. According to experts, American firms should learn from Japanese
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