Companies Using the Just-In-Time (JIT)approach Hope to Achieve

question 14

Multiple Choice

Companies using the just-in-time (JIT) approach hope to achieve:

• A)reduction of costs associated with setup by producing in large batches.
• B)reduced defect rates, resulting in less waste and greater customer satisfaction.
• C)gains in production flexibility.
• D)the hiring of specialized workers to increase production.

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Definitions:

Long-Term Memory

The aspect of our memory system that is capable of storing a vast amount of information for periods ranging from minutes to a lifetime.

Short-Term Memory

The part of memory that temporarily stores information for a brief period, typically from seconds to a few minutes.

Evaluating Information

The process of critically assessing the sources, validity, and relevance of information.

Pulling Information

The process of actively seeking out specific data or details from various sources.