One of the benefits of shortened lead times associated with a JIT system is
A) increased production efficiency.
B) economies of scale through larger production runs.
C) better forecasting because firms are not forecasting as far into the future.
D) lower ticketing and marking costs.
E) reduced tax liability.

Question

Quizplus · Accepted Answer

The Answer of One of the benefits of shortened lead times associated with a JIT system is
A) increased production efficiency.
B) economies of scale through larger production runs.
C) better forecasting because firms are not forecasting as far into the future.
D) lower ticketing and marking costs.
E) reduced tax liability.

One of the Benefits of Shortened Lead Times Associated with a JIT