RIP In recent years, Japanese companies such as Mitsubishi, NEC, Fujitsu, and Sony began turning to Americans to manufacture Japanese products. While Sony, Panasonic, and other Japanese giants still excel at cranking out high-quality consumer electronics products such as camcorders and TVs by the millions, it's a different story in industries with short product cycles, which require factories that must build what customers order instead of churning out products in anticipation of demand. Japan's great strength, repetitive manufacturing, is becoming its greatest weakness. This production-on-demand form of management cannot depend on JIT. Instead the American companies rely on raw-in-process inventory, or RIP. RIP calls for keeping a reasonable quantity of varied raw materials or components on hand to meet changing customer demand. Refer to RIP. A company that builds what customers order rather than what it thinks customers should buy has a strong ____.
A) customer focus
B) product orientation
C) sales orientation
D) organizational structure
E) customer synergy
Correct Answer:
Verified
Q2: Downtime and lost efficiency are both examples
Q12: The three basic measures of inventory are
Q72: According to the TQM strategy, what should
Q75: When a CEO of a company says
Q81: Mass distributors lowered prices substantially to sell
Q81: A company that embroiders t-shirts, uses 15,000
Q90: According to the textbook, what should a
Q92: Pamela makes cloth dolls, which she sells
Q96: The three key parts of material requirement
Q97: Companies relying on a trucking company providing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents