Essay
Manufacturers have found that the Just-in-Time (JIT) philosophy improves quality, lowers costs and improves profits. Those that have successfully implemented JIT have found that six components are necessary.
Required: Identify the six components necessary to the successful implementation of JIT and briefly comment on each.
Correct Answer:

Verified
The six components necessary to successf...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q22: In computing <b>average cycle time</b>, companies should
Q23: The<b> throughput time ratio</b> measures the relative
Q24: A<b> run chart </b>is a chart that
Q25: A company that has implemented a just-in-time
Q26: Which of the following is a<b> tangible</b>
Q28: Holbrook Corporation is a manufacturer of electronic
Q29: <b>Total quality management</b> (TQM) assumes that improvements
Q30: Control limits in a statistical control chart
Q31: Which of the following statements describes a
Q32: Consider the following annual information about three