Companies recognizing the need to simultaneously produce products with high quality, low cost, and instant availability have adopted a just-in-time processing philosophy.

Question

Quizplus · Accepted Answer

Just-in-time processing philosophy aims to reduce waste and increase efficiency by producing only what is needed and when it is needed, resulting in high quality, low cost, and instant availability of products. Many companies have adopted this philosophy to stay competitive in the market.

Companies Recognizing the Need to Simultaneously Produce Products with High