--%>
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 : Main parts of neuron and respective

    Write down the three main parts in which neuron can be divided? And also write down their respective functions?

    		•
  • Q : Identify Risk-Risk Management Process

    Identify RiskA) Risks exist because of both exogenous and endogenous factors: Exogenous factors include changes in technology, government regulation/policies, market fluctuations in prices and supplies, legal and contractual issue

    		•
  • Q : Audio-visual Communication -

    This type of communication combines the auditory and the visual, that is, while people are observing something on the television or cinema screen, they are also hearing narrative or descriptive remarks so that what they see is adequately supplemented and there is a more abiding impression on thei

    		•
  • Q : Path tracked by energy absorbed by

    What is the path tracked by the energy absorbed by plants to be utilized in photosynthesis?

    		•
  • Q : What is Multimedia Technology

    Multimedia Technology: This technology applies interactive computer elements, like text, graphics, video, sound and animation, to transport a message. When you have a knack for computer work and are fascinated in digital media, read on to discover car

    		•
  • Q : Group Formation - Organizational

    Group formation has certain objectives. The purpose behind group formation may be task achievement, problem-solving, proximity or other socio-psychological requirements. Group formation is based on activities, interactions and sentiments. 1)     Task accomplish

    		•
  • Q : Secretions of human digestive system

    State various secretions of the human digestive system? Which of them is only pne which do not have digestive enzymes?

    		•
  • Q : Problems of vertebrates State the

    State the problems that vertebrates are required to elucidate to adapt to terrestrial environment as they came from aquatic habitat? How these evolution does solve those problems?

    		•
  • Q : Neurotransmitter of the neuromuscular

    Name the neurotransmitter of the neuromuscular junction? Explain how nervous system triggers muscle contraction?

    		•
  • Q : Motivation - Individual Behavior -

    This factor refers to all the forces operating within a person to cause him or her to engage in certain kinds of behavior rather than others. Even if all the factors are present to unless the person is motivated to perform well. Motivation may be internal, for example, a person's skill, ability,

    		•