Inventory reduction is a ____ principle.
A) just-in-time
B) traditional processing
C) economic
D) wait time

Question

Quizplus · Accepted Answer

Inventory reduction is a key principle of just-in-time (JIT) production, which aims to streamline operations and minimize waste by producing and delivering goods only when they are needed. By reducing inventory levels, businesses can reduce the costs of warehousing, handling, and managing excess stock, as well as minimize the risk of overproduction and obsolescence. JIT is a core element of Lean manufacturing and is widely used in industries such as automotive, electronics, and retail.

Inventory Reduction Is a ____ Principle