Learning Goal: I’m working on a management question and need guidance to help me learn.
1. Differentiate between lean Thinking and the JIT model. Why have Manufacturing Companies adopted Lean Thinking and the JIT model? (3.5 Marks)
2. Briefly describe major types of Waste, out of all types of waste which one is the biggest waste companies must keep in mind during production. (3.5 Marks)
3. What are the benefits from Suppliers to end users for using lean thinking? Assess the reasons (suitable examples), (3.5 Marks)
4. The arrival of artificial intelligence. The agile supply chain is a perfect concept for future SCM? Give reasons with suitable examples. (3.5 Marks)
5. Reference ((1.0 Marks))
Each answer should be within the limit of 250– 300 words.