What benefits do organization face in implement jit concept

Assignment Help Management Theories
Reference no: EM13919742

1) How does JIT and Lean processing affect managerial decision-making for a company such as Wal-Mart?

2) What are the benefits and difficulties does this organization face in implement JIT concepts? If they cannot use JIT, what other practices could be more suitable?

Reference no: EM13919742

Questions Cloud

Determine the following for burke company : Burke Company earned $12,000 of service revenue on account during 2013. The company collected $9,800 cash from accounts receivable during 2013.
How the inventory is managed within the organization : How the inventory is managed within the organization, How the inventory management practices either improve customer satisfaction and/or reduce costs.
Interprets the firms financial strength : Write a description of three important items, including their significance to stakeholders, that you learned from reading Ford Motors Company's 10-K for 2012.
Demonstrates cultural competence in the long run : A successful diversity plan leads to a workforce that demonstrates cultural competence in the long run. Cultural competence is the ability to interact effectively with people of different cultures.
What benefits do organization face in implement jit concept : What are the benefits and difficulties does this organization face in implement JIT concepts? If they cannot use JIT, what other practices could be more suitable?
From school yard bullying to genocide : Watch the video titled, "From school yard bullying to genocide: Barbara Coloroso at TEDxCalgary" (19 min 5 s) located below. You may also view the video athttps://www.youtube.com/watch?v=zkG0nssouFg.
Investing activity on the statement of cash flows : 1. Which one of the following financial statements does not report amounts primarily on an accrual basis? 2. Which of the following is not required by generally accepted accounting principles? 3. Which of the following is always reported as an outflo..
Maturity bond outstanding with an annual coupon rate : General Mills has a $1,000 par value, 17-year to maturity bond outstanding with an annual coupon rate of 9.72 percent per year, paid semiannually. Market interest rates on similar bonds are 11.60 percent. Calculate the bond’s price today.
What is the debt-equity ratio : Weston Mines has a cost of equity of 20.8 percent, a pretax cost of debt of 9.4 percent and a return on assets of 17.1 percent. Ignore taxes. What is the debt-equity ratio?

Reviews

Write a Review

Management Theories Questions & Answers

  The money to make a down payment on a stereo

The money to make a down payment on a stereo

  What is payoff in studying different management perspectives

What's the payoff in studying different management perspectives, both yesterday's and today's? How can the idea of the universality of management benefit you in your current job or position

  Potential future of the energy economy on a global scale

Consider the potential future of the energy economy on a global scale.

  How do they apply to your life today

Watch the Time Management video by Dr. Pausch (link below). Out of all of the suggestions that Dr. Pausch presented in the UVA lecture on Time Management, what are your top five picks and why? How do they apply to your life today

  Advertising age usually critiques the ads on monday

A.Write an overview (about 1/2 page) describing your observations about THIS YEAR'S Super Bowl commercials - Your likes, dislikes, and trends noticed.B. Compare your reactions to what the experts say:  USA Today has a thorough analysis that measures ..

  Define and contrast the following pairs of terms

Define and contrast the following pairs of terms: dot-com and bricks-and-clicks; intranet and extranet; B2C and B2B.

  How will you influence people to strive willingly

How will you influence people to strive willingly for group objectives in your organization (target based industry)? Apply your interpersonal influence through communication process towards attaining your specialized goals?

  Describe what you would do at the first day

Describe what you would do at the first day of your job in a purchasing and supply management function.

  Scenario anderson and associates - student housing darlene

scenario anderson and associates - student housing darlene anderson a real estate developer and president of anderson

  What is diversification

What is diversification? Give some examples.

  Discuss the three challenges that strategists face today

Discuss the three challenges that strategists face today

  What does unitarism say about the purpose of trade union

What does Unitarism say about the purpose of Trade union?      (Do you agree or disagree) Role of unions in Unitarism: Disrupt relationships and compete with management for the loyalty and commitment of employees.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd