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Sachi Ltd has been facing many loses and want to modernize themselves using modern tools and have hired you as a consultant for the same.

Sachi Ltd has been facing many loses and want to modernize themselves using modern tools and have hired you as a consultant for the same. Can you explain the following concepts to them and how will they help them modernize a cycle manufacturing business like theirs.

a. JIT (5 Marks)

b. Six Sigma (5 Marks)

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