One of the greatest benefits of JIT would be
A) increasing waste and improving responsiveness
B) longer lead times and increased productivity
C) decreased machine utilization and improved quality
D) competing based on schedules
E) eliminating waste, improving responsiveness and competing based on time

Question

Quizplus · Accepted Answer

JIT (Just-In-Time) is a production strategy that aims to minimize waste and improve responsiveness by producing goods only when they are needed and in the exact quantity needed. By doing so, it helps to reduce inventory costs, minimize lead times, and improve quality. JIT also emphasizes continuous improvement and teamwork, which further contributes to the overall efficiency of the production process. Hence, option E - eliminating waste, improving responsiveness, and competing based on time - is the best choice.

One of the Greatest Benefits of JIT Would Be