Alex is a production manager who believes his firm uses more of all types of resources than is necessary to produce its products.He would like to find a way to cut back on labor,and reduce the firm's investment in tools and space as well.It seems that Edwin would like to adopt:
A) mass production.
B) marginal cost management.
C) lean manufacturing.
D) the maximum production methoD.

Question

Quizplus · Accepted Answer

The desire to cut back on labor and reduce investment in tools and space aligns with the principles of lean manufacturing, which aims to eliminate waste and optimize efficiency in production processes. Mass production and maximum production methods typically require high levels of resources and may not be the best fit for Alex's goals. Marginal cost management focuses primarily on making decisions based on the incremental costs and benefits of each additional unit produced, rather than optimizing overall resource use.

Alex Is a Production Manager Who Believes His Firm Uses