Factory layout-jit features, Managerial Accounting

Assignment Help:

Factory Layout

The first stage of implementing the JIT manufacturing techniques is to rearrange the factory floor away from the batch production functional layout towards a production layout using low lines with a functional plant layout production through a No. of special departments that normally contain a group of similar machines.

Products are processed in stage batches so as to minimize the set times when machine settings are changed between processing batches of different products. Batches move via different and complex routes through the various departments, traveling over much of the factory floor before they are complete.

Each process normally involves a considerable amount of waiting time and which much time is taken transporting items from one process to another.

A further problem is that it is not easy at any point in time to determine what progress has been made on individual batches and therefore detailed cost accumulation records are necessary to track work in progress. This results in long manufacturing cycles and high work in progress levels.

The JIT solution is to reorganize the production process by dividing the many different products that an organization makes into families of similar products or component. All the products is a in a particular group will have similar production requirement and routing. Production is necessary used so that each production family is manufactured in a well-defined production cell based on flow line principles. In a production how lines specialist department containing similar markets no longer exist. Instead groups of dissimilar markets are organized into products or component family flow lines that function like an assembly line.

For each production lines the market are placed close together in the order in which they are required by the group of products to be processed. The items in each product family can now shift one at time from process to process more easily, thereby reducing wip, and lead time.

The aim is to produce products or component from start to finish without returning to the stock room or stores


Related Discussions:- Factory layout-jit features

Security analysis and portfolio management, Security Analysis and Portfolio...

Security Analysis and Portfolio Management Define Capital Market Line and how is it dissimilar from Security Market Line. Describe with illustrations?

Medical office accounting final project, John Doe, MD A Business Simulation...

John Doe, MD A Business Simulation This simulation covers the transactions completed by John Doe, MD, a medical service business, which began on July 1 of the current year. Dr. D

Determine the traditional classification, Determine the Traditional classif...

Determine the Traditional classification a) Balance sheet or position statement ratios: balances sheet ratios deal with the relationship among two balance sheet item e.g., th

What is competition oriented pricing policy, Competition oriented pricing p...

Competition oriented pricing policy Most companies fix the price of their products after a careful consideration of the competitor's price structure. Deliberate policy may be f

Financial accounting , Financial Accounting Which is concerned with th...

Financial Accounting Which is concerned with the provision of information to external parties outside the organization? It is the procedure of measuring, classifying, summariz

Standerd costing, Ask queThe standard cost of chemical mixture ~ PQ’ is as ...

Ask queThe standard cost of chemical mixture ~ PQ’ is as follows: 40% of material P @ Rs. 400 per kg. 60% of material Q @ Rs. 600 per kg. A standard loss of 10% is normally anticip

Bench marking, BENCH MARKING In the current business environment, organ...

BENCH MARKING In the current business environment, organizations are under a lot of pressure to improve performance and that of their divisions or subsidiaries. Bench marking i

Mba, Describe the impact of different types of standards on motivations, an...

Describe the impact of different types of standards on motivations, and specifically, the likely effect on motivation of adopting the labor standard recommended for Geeta & Company

Advise c''man on the form of business entity he should select, Coleman, a m...

Coleman, a married taxpayer, is going to establish a manufacturing business. He anticipates that the business will be profitable immediately due to a patent he holds. He predicts t

What are the difficulties in cost reduction, Difficulties in cost reduction...

Difficulties in cost reduction 1) Resistance by employees to pressure to reduce cost usually because the nature and purpose of the campaign has not been properly explained to t

Write Your Message!

Captcha
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