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Hope you are doing well. I am one of your P5 student. I have a quick question with regard to JIT is that the model answers only provide basic principals and lack of application to the case. what should I do ?
The answer does apply itself to,the case so that on performamce measures that are
… The benefits will be measured in lower working capital requirements, factory floor space savings and increased flexibility in meeting the customer’s individual needs (faster response times to product specification changes).
…..Quality systems are therefore a driver of the feasibility of JIT and the metrics associated with quality costs (mentioned above) will become important as a result.
..Measures of spare capacity and bottlenecks in production will be critical to achieving these aims. Also, the amount and effectiveness of staff training will need to be measured during the implementation of these changes.
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