Question
JIT (Just-in-Time) and Lean Management.
Answer :
Word Count : 181
| Aspect | JIT (Just-in-Time) | Lean Management |
|---|---|---|
| Definition | A production strategy aimed at reducing inventory levels by receiving goods only as they are needed in the production process. | A broader philosophy that focuses on reducing waste and improving efficiency in all aspects of production and operations. |
| Objective | Minimize inventory and reduce holding costs by producing only what is needed, when it’s needed. | Eliminate all forms of ________ _____ ____ _______ ___. ________ _______ ___ _________ ____ ______ _________ _________. ________ _____ _____ _____ _______ ______ ____ _____. ________ ______ _____ _______ ___ _____ ______ __________ ____ __________. __________ _________ _______ ___ ______ ________. _______ ______ _________ _________ ___ ______. _________ _____ _____ _______ ___. _______ ___ _________ _________ _____ ____ ___ ________ _____ ______ ______ ___. ______ ________ ________ __________ _________ _____ _____ ____. _________ ________ __________ _____ _____ _______. __________ ________ _____ __________ __________ ______ _______. ___ __________ ________ ________ _________ _______ __________ _________ ____ _____ ______ ________. __________ __________ ____ _____ _______ _______ ___ __________ ______ ____. ______ ____ ______ _____ ____ ______ _________ ________ ________ _______. _____ ___ ____ ______ _________. ____ ______ _____ ___ __________ ________ _____. IGNOU ACADEMY Your IGNOU journey, made easier.
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