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

Name: Just-in-time manufacturing drastically reduces the costs associated with large inventories in the production process.
Brand: Quizplus
Rating: 4.9 (45 reviews)

Question

Quizplus · Accepted Answer

Just-in-time manufacturing focuses on producing goods only when they are needed, which reduces the need for large inventories and the associated costs of storing and managing those inventories. This leads to cost savings in the production process.

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