Abstract:Because of globalisation and an associated global manufacturing environment, cost competitiveness has become necessary. In order to survive, the manufacturing firms have to provide a high level of service to the customers and a high level of throughput with the lowest Work-In-Process (WIP) inventory among other factors. It often becomes difficult to achieve all the objectives by a company management. Implementation of the manufacturing techniques like just-in-time (JIT) or pull production techniques may give t… Show more
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