Thinking Production System (TPS) and JIT Implementation
VerifiedAdded on 2020/05/28
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AI Summary
This report examines the Thinking Production System (TPS) and its application in business contexts, with a specific focus on the Just-in-Time (JIT) manufacturing technique. The report begins by discussing the importance of effective control measures and problem-solving methodologies within organizations, emphasizing the role of JIT in achieving higher productivity and customer satisfaction. It highlights the Toyota Production System as a key example of successful JIT implementation. The report then proceeds to outline the potential benefits of JIT, such as reduced inventory levels and quicker production cycles, while also acknowledging its drawbacks, including the reliance on reliable suppliers and the need for significant capital investment. The analysis incorporates references to relevant academic literature to support the arguments presented, providing a comprehensive overview of the TPS and JIT techniques.
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