Explain just in time production system. Discuss its limitations.

Question

15 Apr 2024

Answer :

Word Count : 318

Just-in-time (JIT) production is a methodology aimed at reducing waste and improving efficiency in manufacturing and inventory management. In a JIT system, materials are ordered and received just in time for production to begin, minimizing the need for excess inventory storage and associated costs. This approach aligns production with customer demand, thereby reducing lead times and improving responsiveness to market changes.

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