Producing goods and services exactly when they are needed - not before they are needed, so they wait as inventory, nor after they are needed, so customers have to wait - is called:
A) Precision operations
B) Perfect operations
C) Just-in-time or lean
D) High flexibility

Question

Quizplus · Accepted Answer

Just-in-time or lean operations are focused on producing goods and services exactly when they are needed, in order to minimize waste and maximize efficiency. This approach helps to reduce inventory costs and improve customer satisfaction, as products are available when they are needed without requiring customers to wait for them. Precision operations, perfect operations, and high flexibility are not directly related to the concept of just-in-time or lean operations.

Producing Goods and Services Exactly When They Are Needed -