Asked by Perla Alvarado on May 02, 2024
Verified
Define variability within the context of JIT.
Variability
Variability refers to the extent to which data points in a set differ from the average value.
JIT
Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to minimize inventory costs and increase efficiency.
- Comprehend the notion of waste within Just-In-Time (JIT) strategies and the techniques to minimize it.
Verified Answer
KV
Kevin VelazquezMay 02, 2024
Final Answer :
Variability is any deviation from the optimum process that delivers perfect products on time every time.
Learning Objectives
- Comprehend the notion of waste within Just-In-Time (JIT) strategies and the techniques to minimize it.