Which of the following would not be expected in response to a move to a Just-in-Time (JIT) production philosophy?
A) Increases in production cycle times.
B) Achievement of significant production cost savings.
C) Reduced rework/scrap costs.
D) Lower financing costs associated with inventory holdings.
E) Reduced spending on inventory-recording costs.

Question

Quizplus · Accepted Answer

The goal of a Just-in-Time (JIT) production philosophy is to reduce production cycle times, which means that option A, an increase in production cycle times, would not be expected. The other options, including the achievement of significant production cost savings, reduced rework/scrap costs, lower financing costs associated with inventory holdings, and reduced spending on inventory-recording costs, are all benefits that are typically associated with a move to a JIT production philosophy.

Which of the Following Would Not Be Expected in Response