Which of the following is an anticipated result of implementing a just-in-time management philosophy?
A) A smaller number of raw material orders will be placed.
B) Inventory carrying costs will be lowered.
C) The purchasing manager will have an increased role in ordering raw materials.
D) Inventory carrying costs will be eliminated.
Correct Answer:
Verified
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Q23: Lowering cycle times reduces the need for:
A)
Q24: Just-in-time is an approach toward managing:
A) Production
Q25: Which of the following is not an
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Q29: Which of the following elements of cycle
Q30: The use of flexible manufacturing systems, properly
Q31: The ratio of value-added manufacturing time to
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