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. The JIT system preferred by Japanese manufacturers_______ .
A) cannot be used with batch processing
B) makes component parts available at the manufacturing plant just as they are needed
C) determines the EOQ and maintains it
D) creates independent demand systems
E) eliminates problems with stockouts
Correct Answer:
Verified
Q2: Downtime and lost efficiency are both examples
Q97: Companies relying on a trucking company providing
Q99: A company decided to reduce its inventory
Q100: A company that embroiders t-shirts, uses 15,000
Q101: Hyundai
Because of the poor quality of its
Q103: Define the two common measures of productivity
Q104: RIP
In recent years, Japanese companies such as
Q105: List and describe the four kinds of
Q106: Briefly identify the three different methods of
Q107: Briefly explain the difference between ISO 9000
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