Which of the following contributes to the competitive advantage enjoyed by firms using JIT/lean production?
I.Lower processing costs
II.Fewer employees
III.Fewer defectives
IV.Greater flexibility.
A) I, II, and III only
B) II, III, and IV only
C) I and IV only
D) I, III, and IV only
E) I, II, III, and IV

Question

Quizplus · Accepted Answer

JIT/lean production aims to reduce waste and improve efficiency in the production process. Lower processing costs, fewer defectives, and greater flexibility are all potential benefits of using this approach. However, fewer employees may not necessarily be a direct result of JIT/lean production, as the focus is on optimizing the production process rather than reducing headcount. Therefore, choices I, III, and IV contribute to the competitive advantage enjoyed by firms using JIT/lean production, and the correct answer is D.

Which of the Following Contributes to the Competitive Advantage Enjoyed