1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frozen [14]
4 years ago
6

Explain the 3 primary ingredients of Just in Time, and how it can be used in a transportation company.

Business
1 answer:
Lady bird [3.3K]4 years ago
7 0

Explanation:

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

Just in time can be understood as a strategic system that fundamentally seeks to achieve continuous improvement of processes by reducing costs and waste.

Its principles are total quality management, respect for people and just in time manufacturing.

In this strategy, the focus is that all activities must be carried out at the exact time, that is, eliminating any waste such as raw material, stock, production, etc., which eliminates costs and reduces failures, increasing all processes organizational changes that guarantee an increase in total quality.

The principle of respect for people is also given by the flexibility that this system gives to employees, by the management of total quality that gives a more dynamic work that guarantees the greatest engagement of employees.

In a transport company, the Just in time system would be effective if it were integrated into all operational areas of the company, involving all work hierarchies.

It would also be essential to have changes in internal policies to ensure that processes are improved in order to eliminate waste, which would require adequate training of employees, the implementation of control technologies, the adoption of a more effective and faster value chain , etc., in order to eliminate waste and increase total quality.

You might be interested in
Sketches Inc. purchased a machine on January 1, 2016. The cost of the machine was $29,000. Its estimated residual value was $9,0
ivolga24 [154]

Answer:

Annual depreciation= $4,000

Explanation:

Giving the following information:

The cost of the machine was $29,000. Its estimated residual value was $9,000 at the end of estimated 5-year life.

<u>To calculate the depreciation expense, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (29,000 - 9,000)/5

Annual depreciation= $4,000

8 0
3 years ago
Which of the following could be an example of success? Select all that apply.(2)
Dovator [93]

D and E Hope this helped!! Good luck!!

6 0
3 years ago
Which of the following statements is FALSE?
trapecia [35]
The answer is
D. Pre-incident activities include planning to prepare and establish a JIC in every incident requiring emergency response.
6 0
3 years ago
Price ceilings are created to keep products affordable for consumers.Answer
eduard
Answer : a. True

It is true that price ceilings are created to keep products affordable for consumers. Price ceilings are set by the government. It is a government initiative to regulate the prices of commodities, products and services in the market to protect the consumers' interests and rights. In deciding the price ceiling, it must be considered that it should be below the natural market equilibrium. Legally, the prices can't just be raised suddenly but must follow certain legal and business procedures.
6 0
4 years ago
When reviewing the balance sheet for Portable Pet Care, Inc., a mobile small animal care business, Ricky noted the following inf
miss Akunina [59]

Answer: $2.2 Million

Explanation:

In fundamental accounting equation:

Assets - Liabilities = Owners' equity. On the balance sheet, owner equity is the same as net worth.

7 0
3 years ago
Read 2 more answers
Other questions:
  • A two-asset portfolio with a standard deviation of zero can be formed when Group of answer choices the assets have a correlation
    12·1 answer
  • Use the following information to answer the following questions.
    12·1 answer
  • Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of wh
    5·1 answer
  • What is one cost of avoiding insurance?
    9·1 answer
  • 46. A 10% stock dividend is reported in connection with a statement of cash flows as:a.A financing activity.b.An investing activ
    8·1 answer
  • g Use the following information for questions 4-6. The 2016 Income Statement of Illini Company reported net sales of $8 million,
    13·1 answer
  • Good evening! Did you eat today? Did you drink water today? Did you get outside for some fresh air or even anytime to chill? Did
    5·2 answers
  • When there is excess supply (surplus) what will happen?
    7·2 answers
  • Trading in foreign currency options would most likely be: __________
    11·1 answer
  • Extra Sandwiches, a sandwich chain, experiments with offering a free bag of chips with its sandwiches in the South to try out it
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!