components of systems productivity

May 29th, 2015
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Production management is the process of effectively planning, organizing, directing the controlling the production function or production system i.e. the operations of that part of an enterprise which is responsible for the actual transformation of materials into finished products. It deals with man – machine organisation to accomplish both productivity and satisfaction – the desirable end results.

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PRODUCTION & OPERATIONS MANAGEMENTMB0044SET I1. Explain in brief the origins of Just in Time. Explain the different types of wastes that can be eliminated using JIT.Just-in-Time (JIT) is a production strategy that strives to improve a business' return on investment by reducing in-process inventory and associated carrying costs. Just In Time production method is also called the Toyota Production System. To meet JIT objectives, the process relies on signals or Kanban between different points in the process, which tell production when to make the next part. Kanban are usually 'tickets' but can be simple visual signals, such as the presence or absence of a part on a shelf. Implemented correctly, JIT focuses on continuous improvement and can improve a manufacturing organization's return on investment, quality, and efficiency. To achieve continuous improvement key areas of focus could be flow, employee involvement and quality.Quick notice that stock depletion requires personnel to order new stock is critical to the inventory reduction at the center of JIT. This saves warehouse space and costs. However, the complete mechanism for making this work is often misunderstood.For instance, its effective application cannot be independent of other key components of a lean manufacturing system or it can "...end up with the opposite of the desired result." In recent years manufacturers have continued to try to hone forecasting methods (such as applying a t

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