What does "just-in-time" (JIT) refer to in line control?

What does "just-in-time" (JIT) refer to in line control?

• A. Maximizing stock levels to prevent shortages
• B. Receiving goods only as needed in the production process
• C. Delaying shipments to reduce costs
• D. Increasing inventory to decrease production time

Answer: (B)

"Just-in-time" (JIT) refers to a production strategy that aims to improve a business's return on investment by reducing in-process inventory and associated carrying costs. The core idea behind JIT is to receive goods and materials only as they are needed in the production process, rather than keeping large stocks of inventory on hand. This approach minimizes waste, enhances efficiency, and leads to a more streamlined workflow. By implementing JIT, companies can respond more flexibly to customer demands and reduce the costs associated with excess inventory, such as storage and spoilage. This methodology is essential in line control because it helps synchronize production schedules with material availability, leading to a smoother and more efficient production process.

"Just-in-time" (JIT) refers to a production strategy that aims to improve a business's return on investment by reducing in-process inventory and associated carrying costs. The core idea behind JIT is to receive goods and materials only as they are needed in the production process, rather than keeping large stocks of inventory on hand. This approach minimizes waste, enhances efficiency, and leads to a more streamlined workflow.

By implementing JIT, companies can respond more flexibly to customer demands and reduce the costs associated with excess inventory, such as storage and spoilage. This methodology is essential in line control because it helps synchronize production schedules with material availability, leading to a smoother and more efficient production process.