Question: 1.3 Select the best answer from the following statements: (2) i. Better quality products are achieved through the application of flexible manufacturing systems. ii. A

1.3 Select the best answer from the following

1.3 Select the best answer from the following

1.3 Select the best answer from the following statements: (2) i. Better quality products are achieved through the application of flexible manufacturing systems. ii. A disadvantage of JIT is that it initially produces defective products before it becomes effective. Ordering cost is only incurred when demand exceeds supply. 1.4 Read the following three statements: (2) a) One of the important aspects of JIT is that inventory is kept in warehouses. b) One of the objectives of JIT is to eliminate reworking of sub-standard quality products. c) Raw materials inventory is items that are in store for the purpose of manufacturing finished goods to meet customer demand. Which of the above statements is/are correct? ia and b ii a, b, and c iii b and c iv a V None of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!