Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

JIT: the best approach after lockdown in country

JIT: the best approach after lockdown in country After the lockdown it is not easy to get into the previous position. All producers need to change their working method as there is no production during the whole period and to deal with such a huge mass is not an easy task. As the production is stopped during the lockdown. When lockdown is open, inventory will be almost finished. The demand of economy falls so rapidly that there is a requirement to adopt such technique that can be used to cope up with such situation and raise an economy. Just in Time (JIT) is such a technique used in inventory that is not only cost saving but also time saving. In this paper, a mathematical model of JIT is introduced and an example with numerical is applied. Certain methods ought to adopt to implement JIT to raise an economy of the country. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Services Operations and Informatics Inderscience Publishers

Loading next page...
 
/lp/inderscience-publishers/jit-the-best-approach-after-lockdown-in-country-T0T1J3n2wQ
Publisher
Inderscience Publishers
Copyright
Copyright © Inderscience Enterprises Ltd
ISSN
1741-539X
eISSN
1741-5403
DOI
10.1504/IJSOI.2021.114110
Publisher site
See Article on Publisher Site

Abstract

After the lockdown it is not easy to get into the previous position. All producers need to change their working method as there is no production during the whole period and to deal with such a huge mass is not an easy task. As the production is stopped during the lockdown. When lockdown is open, inventory will be almost finished. The demand of economy falls so rapidly that there is a requirement to adopt such technique that can be used to cope up with such situation and raise an economy. Just in Time (JIT) is such a technique used in inventory that is not only cost saving but also time saving. In this paper, a mathematical model of JIT is introduced and an example with numerical is applied. Certain methods ought to adopt to implement JIT to raise an economy of the country.

Journal

International Journal of Services Operations and InformaticsInderscience Publishers

Published: Jan 1, 2021

There are no references for this article.