Asked by Alexis Shyanne on Apr 24, 2024
Verified
Explain how JIT works in services. After all, how does "small lot size" and "reduce setup cost" make sense in services? Supply examples to support your work.
JIT
Just-In-Time, a lean manufacturing principle aiming to reduce waste and increase efficiency by receiving goods only as they are needed in the production process.
Small Lot Size
A production strategy where quantities of manufactured items are kept low, allowing for greater flexibility in product variation and reducing inventory costs.
- Understand the principles of Just-In-Time (JIT) and how it applies to services.
Verified Answer
SB
Saiprasad Bompalli7 days ago
Final Answer :
In services, JIT works more on scheduling than on inventory, but is otherwise quite applicable. Furthermore, many services, such as restaurants, have significant inventories to deal with.
Learning Objectives
- Understand the principles of Just-In-Time (JIT) and how it applies to services.
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