Question
An approach that tries to match the output of
manufacturing with market demand, in order to minimize inventories is calledSolution
Just in Time (JIT), as the name suggests, is a management philosophy that calls for the production of what the customer wants, when they want it, in the quantities requested, where they want it, without it being delayed in inventory. So instead of building large stocks of what you think the customer might want you only make exactly what the customer actually asks for when they ask for it. This allows you to concentrate your resources on only fulfilling what you are going to be paid for rather than building for stock. Within a Just in Time manufacturing system, each process will only produce what the next process in sequence is calling for.
The Battle of Plassey was fought in:
Which among the following was the most appropriate cause for the failure of Raziya?
The well-known painting showing the arrival at the Mughal Court of the great singer Tansen exhibits
Consider the following statements regarding the Vijayanagar empire:
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It was named after the city of Vijaya...
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Under which of the following section the dishonour of cheque is a criminal offence and is punishable by imprisonment up to two years or with monetary pe...
From the viewpoint of culture, the principle of regarding its beliefs, values, and practices is called:
Who was the father of Mughal Emperor Aurangzeb?
The real founder of the Sultanate of Delhi was?
Who was the last ruler of Mauryan dynasty?
According to the latest available information, which bank opened the highest number of branches in the previous financial year (2022-23)?