According to JIT philosophy,
a. inventories of finished goods always should be available to meet customer demand.
b. push-through manufacturing flows are the most efficient.
c. maintaining inventories wastes resources and frequently covers up poor work or other problems.
d. long production runs and large production lot sizes take advantage of economies of scale.
C
You might also like to view...
Which of the following best describes a similarity between Costco and Walmart?
A) Both are warehouse clubs. B) Both target the same affluent market. C) Both are specialty stores. D) Both use everyday low pricing. E) Both are examples of merchant wholesalers.
Which of the following statements about design is not correct?
a. Good design does result in payoffs to business b. Design combines functionality and aesthetics c. Design is a multidisciplinary field based on applied art, technology, ethnography, and military strategy d. The Design Management Institute seeks to increase the awareness of design in business strategy e. None of the above
According to the prophetic–caliphal model of leadership, a ______ leader must use coercion and fear in order to maintain status as a leader.
A. caliphal B. duality C. individualism D. personalism
An order from a lower price buyer should be accepted if the expected revenue from a higher price buyer is lower than the current revenue from the lower price buyer
Indicate whether the statement is true or false.