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Managing Cycle Inventories

Managing Cycle Inventories. Matching Supply and Demand. Outline. Why to hold cycle inventories? Economies of scale to reduce fixed costs per unit. Joint fixed costs for multiple products Long term quantity discounts Short term quantity discounts: Promotions.

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748 views • 61 slides

Lean Production

Lean Production. Chapter 15. Beni Asllani University of Tennessee at Chattanooga. Operations Management - 5 th Edition. Roberta Russell & Bernard W. Taylor, III. Lecture Outline. Basic Elements of Lean Production Benefits of Lean Production Implementing Lean Production Lean Services.

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931 views • 47 slides

Lean Systems Defined

Lean Systems Defined. Just-in-time (JIT): an older name for lean systems Toyota Production System (TPS) : another name for lean systems, specifically as implemented at Toyota Lean Systems Approach : a philosophy of minimizing the resources needed for processes. What is needed

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528 views • 27 slides

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Internal setup - PowerPoint PPT Presentation

Managing Cycle Inventories

Lean Production

Lean Systems Defined