One of the Many Lean Techniques That Have Been Successfully

question 52

True/False

One of the many lean techniques that have been successfully applied in service firms is the upgrading of housekeeping.

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Definitions:

JIT

Just-In-Time, an inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Competitive Advantage

The attribute or set of attributes that allows an organization to outperform its competitors by offering greater value to customers, either through lower prices or by providing more benefits and services.