Just in Time Production Concepts

Just in Time Production Concepts

Assessment

Flashcard

Business

Professional Development

Practice Problem

Hard

Created by

Sai Sivakumar

FREE Resource

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5 questions

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1.

FLASHCARD QUESTION

Front

What is the main concept of 'Just in Time'?

Back

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs.

2.

FLASHCARD QUESTION

Front

What are the two types of production strategies mentioned?

Back

Push Production and Pull Production.

3.

FLASHCARD QUESTION

Front

What is the primary goal of Lean Manufacturing?

Back

To maximize customer value while minimizing waste.

4.

FLASHCARD QUESTION

Front

How does 'Kanban' help in production?

Back

It is a scheduling system that helps determine what to produce, when to produce it, and how much to produce.

5.

FLASHCARD QUESTION

Front

What is the role of 'Total Quality Management' in production?

Back

It is a management approach to long-term success through customer satisfaction, focusing on continuous improvement of processes.

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