Answer Introduction Just in time is being considered as an inventory system which is very affective in management practices. Just in time is the method that can help to manage the inventory system in the workplace. In another word, it can be said that by using the JIT management technique, it becomes easier for the organization increase its performance efficiency as well as cut the cost by reducing the amount of wastage (Zarandi & K...Read More >>
Answer: Introduction: Forecasting idea is all about the right data. The data should add forecasts built on the most appropriate historical data. According to at el (2014) who is a research analyst, the company should not take net sale sales into the historical data which might be inaccurate. What if the product is returned? This may create an inaccurate data. The company should have an inventory to meet its customers demand and to compet...Read More >>
Answer: Problems that might be faced by Wal-Mart By analysing the various aspects of operations management, some of the problems that might be faced by Wal-Mart are: Regular training: For keeping the employees ready for the changing environmental condition as well as change of strategies, inventory, quality management, location planning and service design that is made by the company, regular training is very much essential. For this regula...Read More >>
Answer: Introduction: The following report deals with operations management for the business organizations. The report has dealt with a number of different elements of the business operations of an organization that are used to structure the strategies of the business. Analysis of the Elements The selection and the implementation of the strategies of a business are dependent on some critical success factors of the organization. This include...Read More >>
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