What are some limitations of just in time processing

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Questions:

1/ What are some limitations of Just in Time Processing? Can it work for any production process?

2/ Is the quality control function (defined here as the inspections process to ensure a product meets specifications) a value or non value add area?

3/ Explain the marginal analysis approach to the single period inventory problem. What's the difference between marginal analysis with discrete distributions and normal distributions.

4/Find and summarize an article of your choice on ABC inventory analysis. What did you learn from this article? Cite your source.

 

Reference no: EM133425562

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