SOFTWARE PROJECT MANAGEMENT
QUALITY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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time wastage
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labour wastage
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cost of excessive inventory
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all listed in this question
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Detailed explanation-1: –jit (just-in-time) aims at eliminating wastage of labour, time and cost of excessive inventory.-jit is a pull type system. in this system, production originates only when an order is received.
Detailed explanation-2: -What is Just-in-Time? Just-in-time (JIT) is an inventory management strategy that reduces waste and increases efficiency by receiving inventory only as they are needed for production, not ahead of time. This significantly reduces the 8 wastes in lean manufacturing.
Detailed explanation-3: -Just in time (JIT) manufacturing is a workflow methodology aimed at reducing flow times within production systems, as well as response times from suppliers and to customers.
Detailed explanation-4: -Just in Time (JIT) pioneered by Toyota in the 1950s and adopted successfully all over the world entails eliminating waste and improving product quality to maximize returns on investment. The basic JIT principles are to make only what is needed, when needed, and in the amount needed.