Just In Time and Forecasting
Answer both questions with 700-800 words per question in APA format with in text citations.
|
Discussion Question 1 OUR PROCESSOrderPaymentWritingDeliveryWhy Choose Us: Cost-efficiency, Plagiarism free, Money Back Guarantee, On-time Delivery, Total Сonfidentiality, 24/7 Support, 100% originality |
Just-in-Time as a continuous process improvement program details seven wastes that take away from the profitability and efficiency of a company. Discuss examples of each of these seven wastes. Try to use a different example for each waste. Additionally, for each example, explain how the waste is adversely affecting the company and what can be done to remedy the situation.
|
Discussion Question 2 |
Forecasting obviously has impacts on the entire supply chain. As supply chains become more “Lean,” discuss the effects of the bullwhip concept on lean supply chains. Is there a correlation between Lean and Just-in-Time and forecasting? Justify your answer with examples.
