just-in-time


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just-in-time

[¦jəst in ′tīm]
(industrial engineering)
A systems approach to developing and operating a manufacturing system so that the least amount of resources is expended in producing the final products. Abbreviated JIT.

just-in-time

References in periodicals archive ?
Of the companies that Accenture identified as just-in-time marketers, 38 percent have grown their annual revenue by more than 25 percent, compared to just 12 percent of their peers.
5) The figure above represents the resource dependency analysis and can be applied to either the just-in-case theory or the just-in-time theory.
To allow for just-in-time storage, an enterprise volume manager program will be needed to manage the volume size.
The recent SARS crisis in Toronto indicates that Canada's health care system is being run on a just-in-time basis and that it works badly when something unusual occurs.
Just-in-time health care is, of course, the big problem throughout U.
But prompt just-in-time service takes on greater emphasis with Algoma this year as the steelmaker prepares to bring in about half of its iron ore requirements by rail on a year-round basis from Northern Michigan.
And now that the products can pass through Brazil without paying duties or going through customs, the cargo arrives in Buenos Aires in just a little under a month, which is much more like a just-in-time delivery.
Lean, Agile, Just-In-Time - all touted as manufacturing cure - alls in the '80s and '90s.
In the TAM, an IRS examining agent disallowed the expenses a manufacturer had incurred to change from a batch manufacturing system to just-in-time manufacturing.
The Journal story exaggerates the significance of what it calls a "precedent-setting" 1995 technical advice memorandum (PLR 9544001), in which the IRS held that certain just-in-time manufacturing expenses (including training costs) must be capitalized.
That's the essence of success in a market place driven by just-in-time everything.