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Discussion part 2

Based in of the information provided in the unit, my evaluation is as follows: there are two methods discussed that would best suit for the production of bicycles. First JIT ( Just In Time ) method and Flow Production. Considering the cost of production, time to produce a unit, the cost of storing the finished bikes pending a sale, insurance to cover the bike in the event of thief, damage, etc.

JIT/Flow Production methods for a bike manufacturer. Combining the two methods is best for eliminating holding cost and or tying up resources that can be made available in the event of a downturn in the economy or to take on a new venture.

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