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[answered] 12/3/2016 Untitled Document Week 7 Key Concept Exercise Wor


Dears,?

Please check attached assignment.?I need your help in forming a well-structured assignment?consisting of 500 words with Harvard citation.??

Strictly?no plagiarism,

Thanks,

Ahmad?


12/3/2016 Untitled Document Week 7 Key Concept Exercise

 

Working capital management (Preview)

 

Print Page To prepare for this Key Concept Exercise:

 

Read the Required Learning Resources for Week 7.

 

In formulating your Key Concept Exercise, consider the following questions:

 

What are the benefits of just?in?time (JIT) techniques?

 

What types of organisations use JIT techniques?

 

Should things change if they are running smoothly?

 

In an approximately 500?word response, address the following issues/questions:

 

?Things that are running smoothly should not be subject to any control. If you commit yourself to just finding

 

and fixing problems, you'll be able to carry out effective control (within an organisation) with fewer personnel?

 

(Minoura, 2003).

 

Discuss what the above statement means and whether you agree with it. Describe how an organisation that

 

you have experience of, or have researched, has benefitted from just?in?time (JIT) techniques and with special

 

reference to inventory control. Also discuss whether the potential benefits?and drawbacks?of such JIT

 

techniques are limited to large manufacturing businesses or whether they have wider applications for other

 

organisations.

 

Base your answer on research, your readings and your own experiences. Please cite all references.

 

Reference: Minoura, T. (2003) The Toyota production system. Available from:

 

http://www.kellogg.northwestern.edu/course/opns430/modules/lean_operations/ThinkingToyota.pdf (Accessed: 22nd July 2015). To complete this Key Concept Exercise:

 

By Day 4, submit your Key Concept Exercise to Turnitin and to the Collaboration Forum.

 

Be sure to read over your Key Concept Exercise before submitting it to your Instructor. Make sure the

 

spelling and grammar are correct and the language, citing and referencing you use when providing your

 

opinion are appropriate for academic writing. https://elearning.uol.ohecampus.com/webapps/blackboard/content/listContent.jsp?course_id=_1611400_1&content_id=_8571538_1 1/1

 


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