Jit

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2. Explain how just-in-time production would operate in delivering and assembling a new Lilliput Children’s Centre. In using just in time production, it will provide the firm sufficient flexibility to adjust to actual demand and preferences of the customer. As a result, the firm’s stock levels for raw materials can be kept to a minimum amount which is deemed enough to construct the centre. Just in Time can also help in the design of the new Lilliput Children’s Centre because it provides the firm fast response to engineering change, which are changes in the components and assemblies, because of its sophisticated system. In constructing the Lilliput Children’s Centre, just in time can be of a great help in fast detection and corrections of errors or problems which will make the centre safe and perfect for the use of children. As a result, it help the firm to meet the child focused design of the center and also to meet the tough safety and care standards that have been created to protect children. In terms of expenses to be incurred, just in time can reduce the carrying and storage cost because minimum amount of raw materials are stored in the storage space.

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Transcript of Jit

Page 1: Jit

2. Explain how just-in-time production would operate in delivering and assembling a new Lilliput Children’s Centre.In using just in time production, it will provide the firm sufficient flexibility to adjust to actual demand and preferences of the customer. As a result, the firm’s stock levels for raw materials can be kept to a minimum amount which is deemed enough to construct the centre. Just in Time can also help in the design of the new Lilliput Children’s Centre because it provides the firm fast response to engineering change, which are changes in the components and assemblies, because of its sophisticated system.In constructing the Lilliput Children’s Centre, just in time can be of a great help in fast detection and corrections of errors or problems which will make the centre safe and perfect for the use of children. As a result, it help the firm to meet the child focused design of the center and also to meet the tough safety and care standards that have been created to protect children. In terms of expenses to be incurred, just in time can reduce the carrying and storage cost because minimum amount of raw materials are stored in the storage space.

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Just in time is a ‘pull’ system of production, so actual orders provide a signal for when a product should be manufactured. Demand-pull enables a firm to produce only what is required, in the correct quantity and at the correct time. This means that stock levels of raw materials, components, work in progress and finished goods can be kept to a minimum. This requires a carefully planned scheduling and flow of resources through the production process. Modern manufacturing firms use sophisticated production scheduling software to plan production for each period of time, which includes ordering the correct stock. Just in time help in design Lilliput Children’s Centres because the project will perform only in half time than traditional method, moreover there are Multi-functional rooms can be used as kitchens, crèche facilities, and training rooms as well as nurseries. Moreover; the Lillput children project system are designed to be child-focused. They meet the tough safety and care standards that have been created to protect children: where the Children’s Centres provide a resource for the whole community. Just-in-time (JIT) Just-in-time Keeps down costs of stock or raw materials Less storage space needed Releases working capital Customer demand ‘pulls’ orders through system Ensures orders exactly meet customer requirements Problems may be discovered early and save rework Portakabin’s information technology systems record available supplies Ensures required components ordered in time to meet demandThe main advantages for just in time are lower stock holding means a reduction in storage space which saves rent and insurance costs, as stock is only obtained when it is needed, less

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working capital is tied up in stock. There is less likelihood of stock perishing, becoming obsolete or out of date, avoids the build-up of unsold finished product that can occur with sudden changes