Lean manufacturing philosophy reduces all of the following except
A)inventory
B)setup time
C)lead time
D)conversion costs

Question

Quizplus · Accepted Answer

Lean manufacturing focuses on reducing waste and improving efficiency, which includes reducing inventory, setup time, and lead time. However, it does not specifically aim to reduce conversion costs, which are the costs associated with converting raw materials into finished goods. These costs can include labor, overhead, and any other expenses directly tied to the production process. Lean manufacturing may indirectly affect these costs by improving overall efficiency, but reducing conversion costs is not a primary goal.

Lean Manufacturing Philosophy Reduces All of the Following Except