Date of Award

1-1-1991

Document Type

Applied Management Decision Report (AMDR)

Degree Name

Master Of Business Administration

Colleges & School

Cardinal Stritch College

Degree Granted By

Cardinal Stritch College

First Advisor

Mary Beth Plane

Library of Congress Subject Heading

Just-in-time systems; Production engineering

Abstract

The Oscar Mayer Machine Assembly and Parts Supply Assembly Inventory has been experiencing a great increase in holding value in the past years. No more resources are to be allotted to this inventory and the continued increase in holding value creates a situation of dead capital unable to be used elsewhere and unable to be depreciated. This inventory must be reduced and the feasibility of implementing a just-in-time inventory in order to accomplish this is the focus of the paper. The literature indicates that a full JIT implementation is impossible because of the custom engineering manufacturing environment of the inventory. Other more practical considerations such as inventory bloat and long lead times make staying with the present system just as unacceptable. Based on the parts usage and parts repeatability data and the aggregate inventory data, the recommendation is to accept and implement a partial JIT system including the principles of vendor relations, supplier certification, and employee involvement.

Rights

Open Access

Is this full-text open access?

1

Included in

Business Commons

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