Edwin Rivera is a production manager who believes his firm uses more of virtually all types of resources than is necessary to produce its products.He would like to find a way to cut back on labour,and reduce the firm's investment in tools and space as well.It seems that Edwin would like to adopt:

Question

Quizplus · Accepted Answer

Edwin's desire to cut back on labor, tools, and space while maintaining production efficiency aligns with the principles of lean manufacturing. This methodology emphasizes waste reduction and continual improvement in production processes to optimize resource utilization. Marginal cost management is a cost accounting technique used to analyze the impact of incremental changes in production output, while the maximin production method is a decision-making tool for choosing the best production option in uncertain circumstances. Mass production is a manufacturing approach characterized by standardized processes and high volume output, which is not in line with Edwin's goal to reduce resource usage.

Edwin Rivera Is a Production Manager Who Believes His Firm