Just-in-time manufacturing drastically increases the costs associated with large inventories in the production process.

Name: Just-in-time manufacturing drastically increases the costs associated with large inventories in the production process.
Brand: Quizplus
Rating: 4.9 (27 reviews)

Question

Quizplus · Accepted Answer

Just-in-time manufacturing actually aims to reduce the costs associated with large inventories by producing only what is needed, when it is needed. This results in lower inventory costs and frees up capital for other purposes.

Just-In-Time Manufacturing Drastically Increases the Costs Associated with Large Inventories