Business Adminstration, discussion help

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Discussion Question 1

Just-in-Time as a continuous process improvement program details seven wastes that take away from the profitability and efficiency of a company. Discuss examples of each of these seven wastes. Try to use a different example for each waste. Additionally, for each example, explain how the waste is adversely affecting the company and what can be done to remedy the situation.

Discussion Question 2

Forecasting obviously has impacts on the entire supply chain. As supply chains become more “Lean,” discuss the effects of the bullwhip concept on lean supply chains. Is there a correlation between Lean and Just-in-Time and forecasting? Justify your answer with examples.

Assignment 1 Grading Criteria

Maximum Points 40

Analyzed the facts and provided well-reasoned answers. 10
Supported ideas and responses by using appropriate examples and references from texts, Web sites, and other references or personal experience. 10
Presented a structured document free of spelling and grammatical errors. 5
Properly cited sources using the APA format. 5
Participated in the discussion by asking a question, providing a statement of clarification, providing a point of view with a rationale, challenging a point of discussion, or making a relationship between one or more points of the discussion as well as responding to at least two other posts per question. 10
Total: 40

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