Which of the following situation would present a challenge for a just-in-time (J

Question

Which of the following situation would present a challenge for a just-in-time (JIT) investment system? Increase in the number of suppliers Long-term relationships with suppliers Vendor managed inventory Sudden increase in demand The critical path in a PERT chart represents the.sequence of operations that require the least amount of technical support areas of operations that have abundant and Ordering costs per unit and holding costs per unit as you purchase more material. decrease; decrease; increase increase; decrease increase; increase What are two internal costs of poor Quality? What is an external cost of poor Quality?

Explanation / Answer

Solution:

62 The answer to the above question is - d. Sudden increase in Demand. This can be explained as in JIT only required quantity is kept for use. Thus, in case of sudden increase in demand, there will be no inventory, and it will act as a challenge for JIT system 63 The answer to the above question is - b. Sequence of operations that requires the longest time for completion. Critical path is the maximum duration for any operation to complete 64 The answer to the above question is - b. Decrease, increase. Ordering cost decrease when you purchase more material and holding cost increase as you have to keep more inventory in warehouse. 65 The answer to the above question is - Two internal costs of poor quality are - 1 Failure analysis 2 Scrap or rework Two external costs of poor quality are - 1 Repairs and servicing 2 Warranty claims

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