Discuss the below in detail:
There are two popular lean acronyms: JIT and SMED. First, give the expanded name for the acronym (what each letter stands for) and then define both acronyms in your own words. Give an example of a service organization that currently uses JIT or SMED and the benefits it is likely experiencing. Then, give another example of an organization that should use JIT or SMED. Explain what benefits the organization can experience. You must use both acronyms! For example, if you write on an organization that is currently using JIT, then the next paragraph has to be on an organization that would benefit from SMED, or vice versa.