Subject: Production Engineering and Robotics

Difficulty: Medium

Marks: 4 Marks

Benefits

[1] To reduce inventory level

[2] To eliminate unwanted costs associated with inventory

[3] To satisfy customer requirement

[4] To ensure production flow

[5] To optimize lead time

Limitations

[1] Difficult to implement

[2] Huge production loss in case of JIT failure

[3] Complexity in maintenance

[4] Lack of control over time frame

[5] More planning required