Which of the following statements regarding the pull method is/are true?
i. Goods are produced in each manufacturing stage only as they are needed at the next stage.
ii. This method reduces work-in-process inventory.
iii. This method reduces inventory handling and its associated non-value-added cost.

Question

Quizplus · Accepted Answer

The pull method, also known as Just-In-Time (JIT) production, is a method of production where goods are only produced as they are needed at the next stage, reducing work-in-process inventory. This method also reduces inventory handling and its associated non-value-added cost. Therefore, all three statements regarding the pull method are true.

Which of the Following Statements Regarding the Pull Method Is/are