JIT is designed to achieve high-volume production using a significant inventory of component parts that minimizes the probability of running out of supplies.

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JIT (Just-in-Time) is a production philosophy that aims to minimize excess inventory and reduce waste by producing goods only when they are needed. It emphasizes on having a small inventory of only necessary supplies to avoid the cost of carrying dead inventory.

JIT Is Designed to Achieve High-Volume Production Using a Significant