1100 Words, APA Format. Very specific detail with 2-3 references.
Your manufacturing company is facing intense competition from firms that have already adopted such operational techniques as demand-based management and Just-In-Time systems. Before implementing those programs at your company, the CEO has asked you to write a "white paper" covering the following specific topics:
How do Just-In-Time demand-based systems differ from forecast driven systems?
(1)What are the major pros and cons of Just-In-Time and lean manufacturing systems?
(2)What do they have to do with non-value added or wasted activities?
(3)What will be the major challenges of implementing Just-In-Time systems?