Ch 15

Operations Management

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Unformatted text preview: 4-1Chapter 15Lean Operations (JIT)4-2JUST-IN-TIME (JIT)(Broad Sense)•An approach to achieving excellence in a manufacturing or service company based on the continuing elimination of waste.(Narrow Sense)•Coordinate the final assembly rate with the customer demand rate to eliminate the storing of finished goods inventory.•Produce the right items in the right quantities needed by subsequent process at the right time. ÖPull SystemAs a result of JIT, no inventory anywhere.4-3Philosophy of JIT (Four main pillars)•Attack fundamental problemsÖA Broad View of Operations•Eliminate waste•Strive for simplicity and Flexibility•Devise systems to identify problemsÖVisibility for Continuous Improvement 4-4Other Phrases Similar to JIT•Japanese Inventory System•Zero Inventories (ZI)•Kanban System•Stockless Production4-5Wastes Found in the Factory•Waste from OverproductionÖExtra (Inventory, Space, People, Paperwork, Machinery, Defects, Interest, Overhead, etc.)•Waste of Time...
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Ch 15 - 4-1Chapter 15Lean Operations (JIT)4-2JUST-IN-TIME...

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