Which of the following about JIT/lean operation approach is true?
I. Input resources arrive for processing just as the preceding batch is completed
II. Producing more in a day than planned represents waste
III. One of the goals is to produce output using fewer resources than traditional approach
IV. t includes large lots to take advantage of the economies of scale.
a. I and II only
b. II and III only
c. I, II and III only
d. I, II, III, and IV
Expert Answer
Option C is correct.
It means that Ist 2nd and 3rd options are correct.
In lean manufacturing/jit the lots are kept very small to
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