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Explain how a just-in-time operating philosophy reduces the time it takes to complete the production of a product.Include in your answer the classifications of time that are affected.How does such a change help to reduce product costs?
Tax Rebate
A refund on taxes paid, typically when the tax liability is less than the taxes paid.
Stakeholders
Individuals, groups, or organizations that have a direct or indirect interest in the outcome of a project, decision, or policy due to their investment, involvement, or impact by it.
Policy Proposal
A formal suggestion or plan put forward for consideration or action by those in a position of authority, usually aimed at solving a problem or improving conditions.
Direct-service Staff
Employees who provide frontline services directly to clients or customers, such as in healthcare, social services, or customer support.
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