Just-in-time (JIT) production systems
A) may lead to increased inventory obsolescence.
B) have been widely used since the Great Depression of the 1930s.
C) bring together all the needed materials and parts at the precise moment they are required for each production stage, not before.
D) keep inventory levels high so deliveries to customers can be made just in time.
E) increase the number of goods in process and save money by replacing stop-and-go production with smooth movement.

Question

Quizplus · Accepted Answer

Just-in-time production systems involve bringing together all necessary materials and parts precisely when they are needed for each production stage, as opposed to storing them in inventory. This reduces excess inventory and waste, as well as increasing efficiency and cost savings. Option A is incorrect because JIT production aims to minimize inventory and reduce obsolescence. Option B is incorrect because JIT production did not become widely used until the 1970s in Japan. Option D is incorrect because JIT production aims to minimize inventory, not keep levels high. Option E is partially correct, but the main goal of JIT production is to reduce waste, improve efficiency, and save costs through just-in-time delivery of materials and parts.

Just-In-Time (JIT) Production Systems