Question 1a describe the concept of just in time jitb

Assignment Help Operation Research

Reference no: EM13348189

QUESTION 1

a. Describe the concept of Just In Time (JIT).

b. Describe briefly JIT Inventory Control System.

c. List and weigh the significant decision before launching a warehouse.

QUESTION 2

a. Outline the concept of supply chain management

b. What changes have company made to respond to the supply chain management concept?

QUESTION 3

a. Define the Operation Management Concept.

b. Give a model of a Production/Operation system. Describe the input and the output of the system.

QUESTION 4

a. Explain the distinction between Prediction and Forecasting?

b. Why Forecasting is significant in decision making?

c. Define Delphi technique of Forecasting.

QUESTION 5

What are the various decisions operation managers are called upon to make in the manufacturing and service industries for various operation area under his responsibility. Give suitable illustration in each area

Reference no: EM13348189

Questions Cloud

Question 1a an increasingly popular risk analysis technique : question 1a an increasingly popular risk analysis technique is var. explain illustrate and assess this technique.b

Questiona discuss the difference between centralized and : questiona discuss the difference between centralized and decentralized risk management systems including the advantages

Question 1banks find it more profitable to lend money as : question 1banks find it more profitable to lend money as the margin on lending is much higher than any other banking

Questionyou are trade analyst working in a commercial bank : questionyou are trade analyst working in a commercial bank. you have been approached by one of your colleagues from

Question 1a describe the concept of just in time jitb : question 1a. describe the concept of just in time jit.b. describe briefly jit inventory control system.c. list and

Question 1a explain the meaning of forecasting support your : question 1a explain the meaning of forecasting. support your answer by means of appropriate examples in the business

Question 1a the management of quality in a service : question 1a the management of quality in a service environment is without doubt different from that in a manufacturing

Question 1a critically discuss how a service-based : question 1a critically discuss how a service-based organisation can use the gap model of service quality to manage its

Questiona kanos model has been used in the design of : questiona kanos model has been used in the design of product and services. you are required to describe the modelb in

User Account

All Pages