Empirical study on the relationship of flexible manufacturing system, cellular layout and pull production process with return on assets and inventory turnover.
The use of Just-In-Time (JIT) inventory systems is widespread amongst manufacturing firms in the world. Nevertheless, there has not been a universal definition of JIT. Moreover, there is little research evidence suggesting a positive relationship between the elements of JIT and the financial perform...
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| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project |
| Published: |
2008
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/10253 |
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| Institution: | Nanyang Technological University |
| Summary: | The use of Just-In-Time (JIT) inventory systems is widespread amongst manufacturing firms in the world. Nevertheless, there has not been a universal definition of JIT. Moreover, there is little research evidence suggesting a positive relationship between the elements of JIT and the financial performance of firms. In this paper, we have investigated on the effects of 3 JIT elements; Flexible Manufacturing System (FMS), Pull Production Process (PPP) and Cellular Layout (CL) on firm performance. |
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