To whom is credit given for the development of the JIT/ Lean system?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Quality Management For Organizational Excellence Introduction To Total Quality

ISBN: 9780132558983

7th Edition

Authors: David L. Goetsch, Stanley B. Davis

See More Books

Question Posted: Mar 21, 2024 11:01 PM

See More Questions

Case Study: Quick Fix Dental Practice Technology requirements Application must be built using Visual Studio 2019 or Visual Studio 2017, professional or enterprise. The community edition is not...
Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...
Study problem-solving (decision- making) integrative case in the end of the textbook and prepare case study report following the four-step case study model introduced below.? Identifying problems...
4. Jerry intends to use the money from his loan (and his personal savings if necessary) to make an investment in his friend Elaines business. In return, Elaine has predicted the following returns on...
Consider a2-curve with df = 8. Obtain the 2-value that has area a. 0.01 to its left. b. 0.95 to its left. Find the required 2-values. Illustrate your work graphically.
(EPR) Johns Company manufactures parts to be sold to other companies. Part #48 has the following data related to its production: Calculate the economic production run for Part #48.LO1 Annual quantity...
Why does the EFV failure illustrate the dangers of long lead-times for weapon systems? In other words, when a projects development cycle takes 20 years from start to finish, what dangers do the...
Ignacio,Inc.,hadafter-taxoperatingincomelastyearof$1,196,500.Three sources of nancing were used by the company: $2 million of mortgage bonds paying 4 percent interest, $4 million of unsecured bonds...
The scope of the FASB's standard on revenue from contracts with customers (ASC 606) includes O Loan guarantee contracts. O O Insurance contracts. Lease contracts. Product or service warranty...
Taiichi Ohnos JIT/Lean system, with the elimination of practically all inventories, and using demand pull (kanban) to coordinate the flow of materials and assemblies through the production process,...
Identify the two pillars of the Toyota Production System.
In a cars suspension system, each wheel is connected to a vertical spring; these springs absorb shocks when the car travels on bumpy roads. In one car, each spring has a spring constant of 5.0 10 4...
A Ltd. is preparing its cash budget for the period. Sales are expected to be ` 1,00,000 in April 2015, `2,00,000 in May 2015, ` 3,00,000 in June 2015 and ` 1,00,000 in July 2015. Half of all sales...
A Company Operates throughput accounting system. The details of product A per unit are as under: Selling price `40 Material Cost `10 Conversion Cost `15 Time on Bottleneck resources 10 minutes What...
On December 6, Ed Grimely appeared on the game show, "The Wheel of Fate." As a result of his appearance, Grimely won the following prizes. a. Assuming that Grimely received all these prizes by the...
Danielle has an insurance policy with a premium of $75 per month. In September she is in an accident and receives a bill worth $2990 for the repair of her own property. Her deductible is $250 and her...
Do you think it makes sense for a firm to base its mission statement on the type of product it produces? For example, would it be good for a division that produces electric motors to have as its...
Explain how a firms objectives may affect its search for opportunities.
Specifically, how would various company objectives affect the development of a marketing mix for a new type of Internet browser software? If this company were just being formed by a former programmer...
Compute the value of ordinary bonds under the following circumstances assuming that the coupon rate is 0.06:(either the correct formula(s) or the correct key strokes must be shown here to receive...
A tax-exempt municipal bond has a yield to maturity of 3.92%. An investor, who has a marginal tax rate of 40.00%, would prefer and an otherwise identical taxable corporate bond if it had a yield to...
Please note, kindly no handwriting. Q. Suppose a 3 year bond with a 6% coupon rate that was purchased for $760 and had a promised yield of 8%. Suppose that interest rates increased and the price of...

To whom is credit given for the development of the JIT/ Lean system?

Question:

Step by Step Answer:

The development of the JustInTime JIT or Lean system is credited prim...View the full answer

Quality Management For Organizational Excellence Introduction To Total Quality

Students also viewed these Business questions